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It’s not up to us to determine a home’s worth — that’s what a licensed appraiser does. A home appraisal is an independent ...
Appraisal waivers allow borrowers who meet certain qualifications to skip the appraisal process when buying a home. For these ...
Home appraisals are critical to the home buying and selling process. While they’re one of the best opportunities for an objective party outside the deal to assess a home’s true value, they can also ...
Achieve reports that while a home appraisal is usually required for a HELOC, some lenders may use a digital appraisal to ...
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 the ...
AVM stands for automated valuation model, a computer algorithm that uses available data to estimate a home’s value. Different ...
Increasing your home's value before an appraisal can make a difference in the appraised amount, potentially raising your equity or sale price. Here are five strategies to consider: Appraisers use a ...
Lenders require appraisals for home equity loans and HELOCs to reduce the risk of default and ensure they can recover the loan amount if borrowers do not repay. Home ...
Regulators are considering changes to the home appraisal process that could have major repercussions for homeowners and buyers.
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