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Appraisals 101: What to Expect From the Home Appraisal Process

Raleigh Realty

Appraisals 101: What to Expect From the Home Appraisal Process Wondering what to expect from your home appraisal? You've found a home you love, put down an offer you're excited about, and the closing date is fast approaching. Now it's time for the home appraisal. We have you covered.

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What is the Role of Market Trends in a Real Estate Appraisal?

Birmingham Appraisal

A Look at How Market Trends are used in the Real Estate Appraisal Process The real estate market is constantly changing, and market trends play a crucial role in helping an appraiser determine property values.

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Home Appraisals 101: 5 Things Appraisers Wish Sellers Knew

Realtor

. “People think we know the value of the property as soon as we see it,” says Michael Coyle , the founder of The Coyle Group in Lafayette Hill, PA. A good understanding of the home appraisal process will go a long way toward comprehending how your home’s value is determined.

Appraisal 194
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From Appraisal to Freedom: How a PMI Removal Appraisal Can Save You Thousands

Premier Home Appraisal Blog

According to the Homeowners Protection Act (HPA), you can request PMI cancellation once you reach 20% equity in your home and have paid off 20% of your original loan amount, either through mortgage payments or an increase in your home's value. This is where the appraisal process comes in.

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How Depreciation Works

Cleveland Appraisal Blog

What is the primary reason a newly built home has a higher market value than the same home that is older? Simply stated, it is loss in value. There are three basic causes of depreciation for homes. What do they indicate and how do appraiser’s measure depreciation? In a word, depreciation.

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Home Appraisal 101: Maximizing the Value of Your Home

Chicagoland Appraisal Blog

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. This is helpful whether you intend to stay in your home or wish to sell it.

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Does the Home You Want To Buy Qualify for a USDA Loan? Here’s How To Tell

Realtor

Additional requirements for direct loans from the USDA Very low-income homebuyers might qualify for a direct loan from the USDA, but applicants should know that these homes must meet extra requirements in addition to those listed above. These loans have no home value limits at all, although they do have income limits.