A home appraisal is used to determine the value of a property when buying a home, refinancing or cashing out equity. Getting a professional appraisal effectively protects the homebuyer and mortgage ...
The average real estate appraiser makes around $90,000 annually, and it’s an excellent career for a detail-oriented person intrigued by “solving the puzzle” of property value. In this guide, I’ll ...
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 ...
An appraisal is a critical part of the homebuying process. If your home appraisal comes in lower than expected, it can cost you money and delay — or even derail — the entire transaction. Here we delve ...
Home appraisals are critical to the home buying and selling process. While they’re one of the best opportunities for an objective party outside the deal to assess a home’s true value, they can also ...
When you’re refinancing your mortgage, your home’s appraised value has a major impact on how much of a loan you can get. An appraisal is an independent assessment of your home’s value that a lender ...
A former employee filed a whistleblower lawsuit alleging years-long fraud in the certification process for real estate appraisers at the Chicago-based Appraisal Institute. Alissa Akins, who was the ...
The home appraisal process aims to be fair and objective. By law, home appraisers should never consider race, national origin, gender or religion when estimating the value of a property. Yet homes in ...
Bob Musinski has written about a variety of financial-related topics – including personal and business loans, credit cards and personal credit – for publications such as U.S. News and World Report. He ...
In September 2021, Freddie Mac released a groundbreaking analysis of the United States home appraisal industry. It was found that homes in Latino or Hispanic neighborhoods are much more likely than ...