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One of the most difficult aspects of the real estate market is estimating the value of a home. With local market conditions ...
Home values in a neighborhood can shift by tens of thousands of dollars in just one year. One New York appraisal firm reports that property values can move by 5% to 15% from season to season.¹ If ...
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. According to the National Association of Realtors Profile of ...
Appraisal waivers allow borrowers who meet certain qualifications to skip the appraisal process when buying a home. For these ...
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Achieve reports that while a home appraisal is usually required for a HELOC, some lenders may use a digital appraisal to ...
Amy Fontinelle is a freelance writer, researcher and editor who brings a journalistic approach to personal finance content. Since 2004, she has worked with lenders, real estate agents, consultants, ...
When you apply for a mortgage, chances are good that your lender is going to require a home appraisal. An appraisal is an analysis of the valuation of the home performed by a professional. Appraisers ...