With mortgage rates amazingly low right now, it’s no surprise that many homeowners are looking to refinance to a mortgage with a lower rate. One of the most important factors regarding your ability to refinance is your home appraisal. Knowing how home appraisals work may be the key to understanding how the value of your home is calculated. Here is a quick recap of the appraisal process.
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Tag Archives: Real Estate Appraisals
Your Home Appraisal: What You Need To Know
Find out more about your home appraisal and how it factors into your ability to get a home loan.
Your Real Estate Appraisal Comes Back Lower Than You Thought it Would. Why?
The issue of appraisals coming in low has come up in again in many online reviews I’ve read lately, so I wanted to repost an article we wrote three years ago about appraisals. And trust me, I know first hand how frustrating this can be.
Green Home Appraisals Might Not Mean More ‘Green’ In Your Pocket
Demand for green homes is growing, but green home values are not. Know the challenges of going green.
3 Tips That Help Make Sense of Refinancing
If you’re thinking about refinancing you may be hesitating because you are intimidated by the process. The mortgage industry collapse and unpredictable financial markets have created some new obstacles for borrowers. However, these hurdles can be overcome with a little research and preparation.
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