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Understand the importance of home appraisals in the buying and selling process, and learn how to leverage them to secure the best price for your clients.
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 ...
The appraisal is ordered by the buyer’s lender, paid for by the buyer, and performed and compiled by a licensed appraiser who will, first of all, inspect the home.
The gap between home appraisals and sale prices is rising, according to a new report from Corporate Settlement Solutions.
When you've found a buyer for your home and accepted their offer, one of the final steps before closing is to obtain a home appraisal. The home appraisal ensures that your home is worth the price ...
A drive-by appraisal doesn’t mean an appraiser just drives past your home and calls it a day. This method, also known as an exterior-only appraisal, gained traction during the COVID-19 pandemic ...
Some of the country's biggest lenders, including JPMorgan Chase, Bank of America Corp. and U.S. Bancorp, said they would make no policy changes despite the rollback.
Types of home appraisals for HELOCs and home equity loans Once you apply for your home equity loan or HELOC, your lender will let you know if an appraisal is required and what type will be used ...
Insider advice to get more out of your home appraisal Homeowners generally don't get a say in who a bank hires to appraise their house before a sale or refinance. But there are still protections.
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