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Home Appraisals – What Do They Look For?

D Fritz Appraisals

Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market. Home appraisals are a vital part of the home buying process as they have a big influence on the amount a lending institution will loan the buyer.

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Mastering How to Order a Home Appraisal Quickly

AmeriMac

Secondly, most mortgage lenders require a home appraisal before approving a loan, especially if you are planning to borrow against your equity through a home equity loan, home equity line of credit (HELOC), or a cash-out refinance.

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What Is a USDA Loan and How Do I Apply?

Assurance Financial

The lending requirements for a guaranteed USDA loan are slightly looser than the requirements for a direct loan. People can use the loans to buy, build or rehab a qualifying home. Home Improvement Loans and Grants. People who receive a USDA home improvement loan have 20 years to repay it. Property taxes.