How long is a home appraisal valid?

Answer According to real estate appraiser David Taylor, home appraisals are usually good for three to six months. However, you may need to get a new appraisal on your home sooner if the housing market exp... Read More »

Top Q&A For: How long is a home appraisal valid

How long is an appraisal on a house valid for when getting a loan?

On One Hand: It is Valid for Three Months.In respect to the lender, a borrower will be required to get a new appraisal if it has taken more than three months to get his new home mortgage refinanced... Read More »

How long is a home appraisal good for?

Due to fluctuating home values, banks tend to accept appraisals only while a loan associated that particular home appraisal is being processed. According to the HUD mortgagee letter 2009-30, apprai... Read More »

How to Get a Home Appraisal Versus a Tax Appraisal?

Every property has a tax appraised value. The city or county sets this value and uses that number to determine how much the property taxes for that house will be. The city appraiser doesn't go in t... Read More »

What is a home appraisal?

In a home appraisal, a licensed professional assesses the house and assigns it a market value. Lenders have homes appraised prior to making a mortgage loan to make sure there is sufficient equity.S... Read More »