One of the most difficult aspects of the real estate market is estimating the value of a home. With local market conditions changing all the time, it can be hard to accurately price a property. In ...
Splitero reports that automated valuation models (AVMs) quickly estimate property values using data, offering speed and affordability over traditional appraisals.
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When you apply for a mortgage, chances are good that your lender is going to require a home appraisal. An appraisal is an analysis of the valuation of the home performed by a professional. Appraisers ...
Regulators are considering changes to the home appraisal process that could have major repercussions for homeowners and buyers. A drive-by appraisal doesn’t mean an appraiser just drives past your ...
Before approving your mortgage, a lender will order an appraisal to determine the market value of the home you intend to buy. Many or all of the products on this page are from partners who compensate ...
A home is many people’s most significant investment. Even if you have no plans to sell yours, knowing how much it’s worth is essential. Not only does the value of your home help determine how much ...
Ask for a reconsideration of value if you think the appraiser made a mistake. Consider filing a fair housing complaint if you suspect you've been discriminated against. Some or all of the mortgage ...
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 ...