In addition to saving up for a down payment, homebuyers also have to plan for a variety of closing costs due when a sale is finalized, including the appraisal. While the home appraisal isn’t a massive ...

An appraisal for a refinance is part of the underwriting process for a new loan. Appraisers look at various factors, including your home’s location and its size, layout and improvements. Many lenders ...

Do you need a home appraisal to qualify for a HELOC or home equity loan? While you've been focused on everything else life throws at you, your property has been working behind the scenes. Most people ...

Purchasing a home is often a lengthy process, and a home appraisal and inspection are two important steps. Although they both involve a professional looking over the house carefully, they’re not ...

Whether you’re considering refinancing, taking out a home equity loan, or curious what your home may be worth, waiting weeks for an appraisal can feel painfully slow. That’s where automated valuation ...

Before a commercial property can be bought, leased or financed, the professionals working on a deal need to have a baseline understanding of how much the building is worth. Determining that value ...

Expanded rules for appraisal waivers take effect on purchase transactions starting the first quarter of 2025. Announcements were made on October 28, 2024 by Fannie Mae and Freddie Mac, as well as the ...

Home appraisals are typically required by mortgage lenders before the loan can be approved. The cost can run several hundred dollars, and can depend on factors like the home’s size, condition and more ...

While you've been focused on everything else life throws at you, your property has been working behind the scenes. Most people build equity as they pay down their mortgage and property values rise.