Remove Construction Remove Market Value Remove Mortgage Appraisal Remove Sellers
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New Homebuyer’s Guide To Appraisals

Birmingham Appraisal

What is a Mortgage Appraisal? A mortgage appraisal is an appraisal that is done for mortgage lending purposes. Lenders, including banks and mortgage companies, require an appraisal to justify the loan they are making. Who is the Appraisal for? Appraisal vs Home Inspection.

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Disagreeing with the Appraiser: Tips for Staying Compliant While Making Your Case

Genworth MI Blog

Before we dive into tips and tricks for disputing an appraisal, let’s level-set with a few foundational concepts and terms. Market Value: In a mortgage appraisal, the appraiser is most likely estimating the market value of the property.

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Disagreeing with the Appraiser: Tips for Staying Compliant While Making Your Case

Genworth MI Blog

Before we dive into tips and tricks for disputing an appraisal, let’s level-set with a few foundational concepts and terms. Market Value: In a mortgage appraisal, the appraiser is most likely estimating the market value of the property.

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What Is Appraisal Review in Real Estate?

AmeriMac

The seller wants to max out the estimate based on the growing inflation and number of renovations made, while the buyer wants the best deal in the market even as home affordability worsens. This is why home appraisals are advised to ensure property costing is as fair as possible. What Is an Appraisal? Cost Approach.