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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.
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 ...
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.
Benzinga answers the question ‘does a home equity loan require an appraisal’, looking at the process of accessing new financing.
Despite Trump rolling back borrower protections, major lenders are keeping Biden-era appraisal dispute rules to fight bias.
No-appraisal home equity loans can be processed faster than those that require an in-person assessment.
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.