7 Situations When You’ll Need An Appraisal
If you’re using a lender to purchase a home or property, they are most likely going to require that a […]
If you’re using a lender to purchase a home or property, they are most likely going to require that a […]
If you’re gearing up for that all-important real estate appraisal as part of your home-buying journey, but aren’t quite sure
As an appraiser, one question I often get asked by homeowners is, “Does an appraisal increase my property taxes?” The
Are you considering building or buying a barndominium in 2025? If so, you’re probably asking yourself—Do barndominiums hold their value
Home appraisal costs range from $150 to $700, depending on the property type and appraisal method, like full, exterior-only or desktop appraisals. Costs are influenced by location, property complexity, and the appraiser’s expertise. Additional fees may apply for rush services or extra forms. It’s essential to find a qualified appraiser to ensure a fair valuation, as prices and requirements vary.
Thinking about buying a home but not sure what actually happens between getting pre-approved and getting the keys? You’re not
Are you having your home appraised? Be ready for a few surprises. Appraisers tend to keep quiet about their trade
The FHA amendatory clause is a key protection for both buyers and lenders in real estate transactions involving an FHA loan, allowing the buyer to back out without penalty if a home’s appraised value is less than the sale price. This clause must be signed by both parties, with no exceptions, and is an integral part of FHA’s flexible loan program designed to help first-time buyers with benefits like low down payments and competitive interest rates. Sellers can renegotiate or cancel the transaction if necessary, maintaining a fair market.