An appraisal, an unbiased opinion of a home’s worth, is valuable to all parties involved in the sale or refinancing of a home. This valuation represents the fair market value for the home ...

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 ...

Typically, you need to get an appraisal to borrow against your home equity, but that isn't always necessary. For instance, a no-appraisal home equity loan can use an automated valuation system ...

An appraisal, or home valuation, is the estimated value of a home by a licensed professional appraiser who visits the home for a thorough inspection and then compares it with recently sold homes ...

But there’s one area where FHA lenders can’t be flexible: the appraisal. Any property that’s purchased with an FHA loan has to pass a detailed checklist and have its value assessed according ...

You might be able to get a home equity loan or HELOC without a full appraisal, if your lender uses an automated valuation ...

An appraisal contingency ensures that the house is worth as much as everyone—the buyer, the seller and the mortgage lender—expects. These contingencies allow buyers to back out of the contract ...

A commercial real estate appraisal assesses property value based on income generation, unlike residential comps. Valuations utilize methods like income approach, gross rent multiplier, and cost ...

A home appraisal is a report that states how much a home is worth according to a licensed professional The appraiser considers the location, features, and size of the home, as well as recent sales ...

The results of a refinance appraisal could affect the interest rate or terms of your refinanced mortgage. Before you can refinance your home mortgage to take advantage of better interest rates ...

Before issuing an FHA loan, a lender orders an appraisal from a professional approved by the Federal Housing Administration. The appraisal may flag risks to health or safety or note problems with ...