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

Answer 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 »

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How long is a home appraisal valid?

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 »

How Much Should I Ask for My House Compared to the Appraisal Value?

Knowing the right price to ask for your property is one of the most challenging components of putting your house on the market. Fortunately, with recent advancements in information technology, it i... Read More »

What should be included in a final home appraisal when refinancing a house?

Refinancing a house requires that you exchange your current mortgage for a new loan. The new loan is used to pay off the old mortgage and replaces it in terms of monthly payments and requirements t... 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 »