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 ...
Nearly every mortgage application requires a home appraisal by the lender as part of the underwriting process. Ideally, the lender wants to see an appraised value that’s equal to or greater than the ...
Purchasing a house means getting an appraisal on the property as part of the home buying process. The person appraising the house is legally required to be licensed by the state in which they practice ...
For anyone buying a home, your loan-to-value ratio is a key number. A measure of the size of your mortgage to the value of your home, your so-called LTV goes a long way to determining whether you are ...
The results of a refinance appraisal could affect the interest rate or terms of your refinanced mortgage. Before you can refinance your home mortgage to take advantage of better interest rates, you’ll ...
Property tax season in Bexar County is in full swing. The Bexar Appraisal District has mailed out Notices of Appraised Value, and you should have received yours by now. It’s an estimate of what your ...
Appraisal waivers allow borrowers who meet certain qualifications to skip the appraisal process when buying a home. For these qualified buyers, instead of requiring a professional in-person appraisal, ...
AVM stands for automated valuation model, a computer algorithm that uses available data to estimate a home’s value. Different ...
Simplify your mortgage journey with a trusted lender. Getting approved for a mortgage requires more than just telling the lender how much you want to borrow and submitting documents. A lender wants to ...