Chicagoland Appraisal Blog
FEBRUARY 28, 2018
Providing real estate appraisal services since 1999 with an array of experience in property appraisals that includes Divorce, Estate, Bankruptcy, Tax Appeals, Pre-Listings, Pre-Purchase, FSBO and more. The post FHA Appraisal Tip – Low Water Pressure appeared first on Chicagoland Appraisals.
Birmingham Appraisal
MARCH 4, 2025
You Might Overpay for the Property One of the biggest risks of accepting an appraisal waiver is that you could pay more for the home than its actually worth. Heres why: When a traditional appraisal is waived, the lender determines the homes value using automated valuation models ( AVMs ) instead of an appraisers independent analysis.
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Premier Home Appraisal Blog
MAY 30, 2023
According to the Homeowners Protection Act (HPA), you can request PMI cancellation once you reach 20% equity in your home and have paid off 20% of your original loan amount, either through mortgage payments or an increase in your home's value. This is where the appraisal process comes in.
Chicagoland Appraisal Blog
APRIL 11, 2021
When Zillow first came out, real estate appraisers would often hear “Zillow says my home value is…” This is usually followed by a cringed face and sigh. To put this debate to rest, o ur lead appraiser John did a sampling of recently appraised homes in Chicago to see how Zillow stacks up against a local real estate appraiser.
Chicagoland Appraisal Blog
MAY 13, 2021
Naturally, even if you choose not to sell your house, you certainly want to maintain your investment and ensure that your home value doesn’t drop. Here, we’ll explore everything you need to know about home appraisals and how to maximize the value of your house. . What’s in a Home’s Value?
Birmingham Appraisal
AUGUST 30, 2023
If the lender has requested a hybrid appraisal the inspection may have been done by a non-appraiser who is not as qualified as the appraiser to make accurate observations. This is often done to save money, however, in the end, it can result in a less-than-accurate appraisal.
Chicagoland Appraisal Blog
JANUARY 21, 2020
One thing homeowners can do which may not necessarily increase the equity in the home on a refinance, but lowering your taxes through tax appeal can increase the purchasing power of a potential buyer and thus increase buyers’ bids to purchase the property….and and that is extra equity for the homeowner.
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