A home appraisal is a crucial step in buying a house. An appraisal report is created by an unbiased, independent third party to assess the property’s financial value. Here’s what you need to ...

When you buy a home, the mortgage lender requires a third-party professional to create an appraisal report that estimates the house’s value. Under the traditional home appraisal process, the ...

You should also use consistent and standard terminology that follows the real estate appraisal standards and guidelines, such as the Uniform Standards of Professional Appraisal Practice (USPAP).

Once your offer is accepted on a home, you’ll have a few weeks to conduct a full home inspection and appraisal before closing on the house. Inspections are vital since they’ll determine any major ...

Real estate appraisals are essential for facility management ... And owners will be asked to do a capital call and their rates double. Trouble is brewing. The most first and foremost step is ...

Real estate appraisals can be tough for both homebuyers and sellers. If the appraisal comes in lower than the agreed-upon purchase price of the property, it can cause big issues for both parties.