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FHA Appraisal Tip – Low Water Pressure

Chicagoland Appraisal Blog

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.

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The Hidden Risks of Appraisal Waivers: What Homebuyers and Homeowners Need to Know

Birmingham Appraisal

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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How to Build Equity in Your Home

Chicagoland Appraisal Blog

Increasing your property value through renovations or home additions, and paying off your mortgage, seem like the most straightforward ways to build equity. But there are also some factors that determine what your house is worth that are out of your control, like the location and popularity of the particular housing market.

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Appraisals derail sales in the tight Chicago market!

Chicagoland Appraisal Blog

I came across a Facebook post from an appraiser friend of mine about an article written in the Chicago Tribune titled Homebuyers who pay cash win deals as appraisals derail sale in tight Chicago market. The title is definitely eye-catching especially to an appraiser in Chicago.