Get guidance from trusted mortgage experts. A lower-than-expected home appraisal can be disappointing, whether you’re purchasing a home or applying for a refinance. A home appraisal that comes in low ...
Get guidance from trusted mortgage experts. Most homeowners refinance for financial reasons, such as to lock in a lower interest rate or switch from an adjustable- to a fixed-rate loan. Refinancing ...
Home appraisals are critical to the home buying and selling process. While they’re one of the best opportunities for an objective party outside the deal to assess a home’s true value, they can also ...
The home appraisal process aims to be fair and objective. By law, home appraisers should never consider race, national origin, gender or religion when estimating the value of a property. Yet homes in ...
Homeowners often seek appraisals to refinance, sell or access equity. Ensuring the property's best features are highlighted can make a difference in the final valuation. From enhancing curb appeal to ...
Bias in the appraisal process strips homeowners of wealth and hurts the values of neighboring homes. Studies show that homes in areas with mostly residents of color are often undervalued compared to ...
Increasing your home's value before an appraisal can make a difference in the appraised amount, potentially raising your equity or sale price. Here are five strategies to consider: Appraisers use a ...