Whether you’re buying or selling a home, navigating a divorce, or handling estate planning, understanding the home appraisal process is crucial. Appraisals are the foundation for determining a property’s fair market value, ensuring that all parties ...
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Common Appraisal Myths Debunked
Home appraisals determine the market value of a property, which helps protect both buyers and lenders by ensuring a fair transaction. Yet, misunderstandings around appraisals can lead to confusion and misinformation. Here are some of the most common ...
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Do Home Improvements Add Value?
Your personal motivation to make a home improvement may not translate into resale value or a higher appraised value. Converting a garage into a living space may seem like a good idea in a home cramped for space, but may actually detract from the ...
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The Importance of Home Appraisals
When buying or refinancing a home, one step of the process is the home appraisal. If you are navigating the mortgage process, understanding the importance of an accurate home appraisal can make all the difference.
What is a Home Appraisal?
A home ...
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How to Prepare for Your Home Appraisal
If you are selling or refinancing your home, it will be to your benefit to see that the appraisal process goes smoothly. There are several things that you can do prior to the arrival of the appraiser that can ensure a proper and accurate ...
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Appraised Value or Fair Market Value?
Both the appraised value and the fair market value of a property are utilized in real estate transactions. Each value represents a different component of the deal, and there are distinct differences in how they are determined and used.
The fair ...
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