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Appraisal for a commercial property is a crucial process that determines the market value of the property based on various factors. Commercial property appraisals are essential for a variety of ...
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 involves an objective professional evaluating a home to determine its value. Home lenders commonly order appraisals during mortgage or refinance underwriting. Appraisers take many ...
A home appraisal determines the value of a property, which isn’t always the same as the sales price. Lenders often require appraisals for real estate transactions — whether you’re buying or ...
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Home appraisal vs. home inspection: What’s the difference?
Whether you’re a homebuyer or seller, it’s easy to confuse a home appraisal and a home inspection. After all, both involve a ...
Simplify your mortgage journey with a trusted lender. Buying a home is exciting, but you might be concerned about making an offer only to find out the home is in need of costly repairs and isn’t worth ...
Appraisal waivers allow borrowers who meet certain qualifications to skip the appraisal process when buying a home. For these qualified buyers, instead of requiring a professional in-person appraisal, ...
AVM stands for automated valuation model, a computer algorithm that uses available data to estimate a home’s value. Different ...
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 when ...
FHA loans offer flexibility to borrowers with low credit scores and limited funds for a home down payment. But there’s one area where FHA lenders can’t be flexible: the appraisal. Any property that’s ...
The results of a refinance appraisal could affect the interest rate or terms of your refinanced mortgage. Before you can refinance your home mortgage to take advantage of better interest rates, you’ll ...
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