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

Answer 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 »

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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 »

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 »

What happens in a home appraisal?

The Uniform Standards of Professional Appraisal Practice and the Appraisal Foundation define an appraisal as the process of creating an opinion of value for a property. Usually, an appraiser comes ... Read More »