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Home Appraisal 101: Maximizing the Value of Your Home

Chicagoland Appraisal Blog

And that means you can actually impact your home’s value by making renovations that are likely to increase its marketability and value in the real estate market. . The Value of a Home Appraisal. Some real estate firms or banks may refer to the home appraisal as a real estate appraisal. What Hurts a Home Appraisal?

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What to Know About Home Appraisals for Mortgages

AmeriMac

Appraisals are especially important for lenders, as they help reduce the risk of lending more money than the collateral property is worth. The Federal Housing Administration (FHA) and other government-backed mortgage programs have specific requirements for appraisals to ensure that the properties meet the necessary standards for financing.