Appraisal waivers allow borrowers who meet certain qualifications to skip the appraisal process when buying a home. For these ...

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. These ...

AVM stands for automated valuation model, a computer algorithm that uses available data to estimate a home’s value. Different ...

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 evaluation that provides an unbiased estimate of a property’s fair market ...

Achieve reports that while a home appraisal is usually required for a HELOC, some lenders may use a digital appraisal to ...

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. However, there ...

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 ...

Get guidance from trusted mortgage experts. Most homeowners refinance for financial reasons, such as to lock in a lower interest rate or switch from an adjustable- to a fixed-rate loan. Refinancing ...

Like many homeowners, my husband and I often play a game of what do you think our home is worth. My number is always higher. In matters financial, he plays it as safe as a blockhouse. The question is ...

Even if you’re new to this whole selling-a-house thing, chances are good you’ve heard of a home appraisal. And if you know just a little about the process, you know that the appraisal—a value put on ...

The gap between home appraisals and sale prices is rising. That’s according to a new report from Corporate Settlement Solutions (CSS), which analyzed 10 states on the East Coast and Midwest for the ...

Homes in neighborhoods of color are appraised at far less values than in White neighborhoods across every major US metro, according to data analysis provided exclusively to Bloomberg CityLab by ...