Real Estate-Owned (REO) properties are distressed homes acquired by lenders after failed auctions. Sold below market value, they often require significant repairs. Different from traditional transactions, they are owned by financial institutions or government agencies like Freddie Mac or HUD. […]
Navigating Relocation Appraisals Successfully Relocating to a new city or state can be a complex and overwhelming process. From finding a new home to selling the existing property, there are numerous factors to consider. One crucial aspect of the relocation […]
When it comes to buying, selling, or refinancing a home, one important step in the process is getting a home appraisal. A home appraisal is a professional estimate of a home’s value and plays a crucial role in determining the […]
When you are seeking out a mortgage, you will need a home appraisal so that the lender knows how much should be lent for the home. This is true whether you are buying a home or getting a refinancing of […]
Home negotiations can be deadlocked because of the valuation differences of a property by both prospects and homeowners. The seller wants to max out the estimate based on the growing inflation and number of renovations made, while the buyer wants […]
It can be tough to sell your home and to move to another one. When you have to relocate quickly for a job, the process can be even worse. To make it an easier process, you can get a relocation […]
As a homeowner, you may be asked to get a home appraisal for a variety of reasons. Maybe you’re refinancing your mortgage, or perhaps you’re selling your home. As a home seller, you will need to go through the process […]
Appraisals are generally required when purchasing most residential and commercial properties, for lenders rely on these assessments to determine and confirm property values. Appraisal management companies take the burden of managing many appraisals off of lenders’ shoulders. What is an […]
Before your mortgage loan is approved, you usually need to go through an appraisal and a home inspection. An appraisal tells you the market value of your property — while a home inspection tells you what might need to be […]
Housing sales in the greater Columbus area have soared by 18.4 percent over the last two years and the average sale price is currently more than $200,000. This dramatic increase in value affects home appraisals, which is good news for […]
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