A home appraisal helps sellers extract maximum value and protects buyers and lenders from overpaying.

A refinance appraisal follows the same procedure as the appraisal done during the mortgage process. It looks at your home, any upgrades, the property and the surrounding area.

How Does a Home Appraisal Work? During an appraisal, the appraiser—who is usually assigned by the lender—will determine the actual worth of the property based on several factors.

You can get a home appraised for free through government programs or if you’re in good financial standing. A house appraisal is a necessary, sometimes costly, part of homebuying or selling ...

Whether you’re a homebuyer or seller, it’s easy to confuse a home appraisal and a home inspection. After all, both involve a professional visiting your home and evaluating the premises ...

Buying a home? Learn what an appraisal contingency is when it comes time to draft a purchase offer with your real estate agent.

Unfortunately, home appraisals don't always match the agreed upon sale price. When the assigned home value is lower than the selling price, there are several things you can do.

Thinking of getting a home appraisal before listing your house? Here’s why it might cost more than it helps.

Appraisers look at your home objectively, not taking into consideration things that may increase the price someone may be willing to pay — such as competition in the area, design details, etc.

The gap between home appraisals and sale prices is rising, according to a new report from Corporate Settlement Solutions.