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Pre-Appraisal Checklist for Homeowners

D Fritz Appraisals

Copies of any previous appraisals – this can help the appraiser see how the value has changed over the years. HOA documents – if you live in an HOA neighbourhood, the appraiser will need to see the costs, regular maintenance schedule, history of fee increases, etc. Public transport locations. Interior Care.

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Home Appraisals – What Do They Look For?

D Fritz Appraisals

Financial institutes or mortgage lenders will require an appraisal to ensure the home is worth the amount of money being requested in the loan or mortgage. Home appraisals are not just for when someone is buying or selling a home for themselves however, they are also important for: New construction loans. Estate settlements.

Appraisal 105
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10 Ways to Financially Benefit From Your Home

PennyMac

Equity is the difference between the market value of your home and the amount you owe on your mortgage. Once you've accumulated enough home equity, you can tap into it for various needs like home renovations, debt consolidation or other expenses. Want to leverage your home equity?