With a professional home appraisal. Most home purchases that involve a mortgage require an appraisal contingency in the contract. This clause requires the appraisal, then gives the buyer and their ...

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 ...

FHA loans offer flexibility to borrowers with low credit scores and limited funds for a home down payment. But there's one area where FHA lenders can't be flexible: the appraisal. Any property that' ...

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

A bank appraisal specifically refers to an appraisal ordered by your lender. The lender uses this information to determine the value of the property you’re buying, and the information plays a ...

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 ...

A home appraisal may not be top of mind when you're looking to buy, sell or refinance a home. But maybe it should be: An appraisal determines for the seller, the buyer and the lender how much a ...

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 ...

A drive-by appraisal doesn’t mean an appraiser just drives past your home and calls it a day. This method, also known as an exterior-only appraisal, gained traction during the COVID-19 pandemic ...

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 ...

The best part? You may be able to access this equity without a traditional in-person appraisal. We take a closer look at what no-appraisal home equity products are, how they differ from loans ...

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 ...