Learn more about the home appraisal process and why getting a home. What to do you do if an appraisal comes in higher or lower than you.
My property appraised too low! home appraisals are often required for refinance loans. A “low appraisal” happens a lot more on refinance transactions than on purchase ones. The homeowner often.
More than ever it is crucial to make your home as presentable as possible in order to maximize its appraised value. Here are 5 ways that you can better prepare yourself and your home for the appraisal.
If you’re buying a home and your offer has been accepted, the next step is applying for your mortgage. As part of that process, your lender orders a home appraisal. It gives you a trained professional’s point of view on the fair market value of the home to make sure it’s in line with the purchase price.
When getting ready to get your vehicle appraised, you want to make sure it’s in the best condition possible. To do this, there are six things you should do if you want the highest appraisal amount.
Where does an appraiser get the information needed to complete an appraisal? The appraiser gets his or her information from a wide variety of sources, including the local Multiple Listing Service, local tax assessors records, local real estate professionals, county courthouse records, private public record data vendors, interviews with sellers and buyers, appraisal data co-operatives and his.
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When you bought your home, your lender likely ordered an appraisal to make sure they didn’t lend you more than your home was worth. If you take out a home equity loan or line of credit, your.
But could these conservative appraisals be a blessing in disguise for buyers? In some cases, the answer is yes, says Beth Spier, who recently walked away from a home. get an adjustment, she says..