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Home Appraisal 101: Maximizing the Value of Your Home

Chicagoland Appraisal Blog

Like any other investment, you want to know its value with some reliable degree of accuracy. A home appraisal is an unbiased opinion of a home or property’s value. Real estate professionals or other appraisal experts can help you determine the market value of your home. What Hurts a Home Appraisal?

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Zillow Estimates vs. Appraisals: Why Zillow Shouldn’t Be Used for Appraisals

AmeriMac

However, it isn’t necessarily accurate and shouldn’t be used for appraisals for a number of reasons that are definitely worth a closer look. At its core, a home appraisal is a process wherein a trained, licensed professional will come to a home and make a determination of its fair market value.

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Is an Appraisal Required for a Home Equity Loan?

AmeriMac

By far, equity is one of the most important ways to preserve someone’s wealth because in theory, a home should always appreciate in value over time. Therefore, as the fair market value of the home goes up while the amount remaining on the mortgage goes down, equity continues to build over the years.

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Is an Appraisal Required for a Home Equity Loan?

AmeriMac

By far, equity is one of the most important ways to preserve someone’s wealth because in theory, a home should always appreciate in value over time. Therefore, as the fair market value of the home goes up while the amount remaining on the mortgage goes down, equity continues to build over the years.