This guide will take you through the appraisal process, what to expect based on the type of loan being used, and what you can do as a homeowner to address issues and maximize your home's value. A home ...
The scenario: A home is listed for $450,000. But it’s a flaming hot seller’s market, inventory is low, and properties are getting snapped up almost as soon as the “For Sale” signs go up. You, the ...
Juan has been a home inspector for 10 years and runs a successful home inspection company in Richmond, VA. He loves inspecting homes, but his real passion is educating home owners and newer inspectors ...
An appraisal is a critical part of the homebuying process. If your home appraisal comes in lower than expected, it can cost you money and delay — or even derail — the entire transaction. Here we delve ...
A home appraisal is a report that states how much a home is worth according to a licensed professional The appraiser considers the location, features, and size of the home, as well as recent sales ...
Simplify your mortgage journey with a trusted lender. Home appraisals are an important part of buying and selling a home. The primary purpose is to put an estimated value on a property based on the ...
Whether you’re buying or selling a home or refinancing your mortgage, having a home appraisal completed is a critical step in the process. Problems pertaining to home appraisals are the second-biggest ...
Ask for a reconsideration of value if you think the appraiser made a mistake. Consider filing a fair housing complaint if you suspect you've been discriminated against. Some or all of the mortgage ...
Before issuing an FHA loan, a lender orders an appraisal from a professional approved by the Federal Housing Administration. The appraisal may flag risks to health or safety or note problems with the ...
Not only does the house you’re selling have a fresh coat of paint; you changed out the light fixtures in the bathroom and upgraded the stove, too. But is it enough to impress the home appraiser who’s ...