How Do You Get the Best Appraisal? And Who’s to Blame if it Comes in Low?

How Do You Get the Best Appraisal? And Who’s to Blame if it Comes in Low?

How to Get the Best Appraisal and Who to Blame for a Low Valuation. Mortgage companies and mortgage bankers actually have nothing to do with the appraisal process. Appraisals are typically handled through the title company and appraisers are often selected from a network of appraisers with which the title company is affiliated. They’re an unaffiliated third party. Often times, there’s confusion because the homeowner is informed about the cost of the appraisal by the mortgage company/banker, when actually there is no mutually beneficial relationship.

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How are Mortgage Interest Rates Affected by the Presidential Election

How are Mortgage Interest Rates Affected by the Presidential Election

With change on the horizon after last night's election, it's only natural to wonder what “change” will come to the mortgage market as a result. Furthermore, what change to mortgage interest rates have U.S. elections stirred up in the past? We always hear rumblings about mortgage interest rates dropping after an election, but is there any truth to it? Should you refinance now, or wait it out a couple months for rates to drop? In order to find out, some number crunching is in order.

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