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You are here: Home / Archives for Appraisals

How Does A Home Appraisal Work?

April 24, 2020 by Patrick Jones

Whether you're a buyer or a seller, a home appraisal is a critical component of the home selling process. An appraisal is also required in situations where a home is gifted to a family member, so it's important to have a clear understanding of what it entails.

Filed Under: Mortgage Tagged With: Appraisals, Evaluations, Mortgage

The Department Of Veterans Affairs Is Allowing Drive-by Appraisals Because Of COVID-19

April 3, 2020 by Patrick Jones

The COVID-19 (Coronavirus) pandemic has impacted every industry across the country. Many people are being asked to shelter in place and everyone has been asked to practice social distancing to try to curtail the spread of this deadly virus.

Filed Under: Mortgage Tagged With: Appraisals, Market Trends, Mortgage

Understanding Appraisals and What to Do If Your Home Doesn’t Appraise for Its Purchase Price

October 4, 2016 by Patrick Jones

It can be a bit of a surprise if your home turns out to be valued at less than the purchase price offered, but this is the type of thing that can occur in an appraisal situation. While this can change everything from your contract to the amount of your down payment, if your home has been appraised at less than you envisioned, here are some options you may want to consider.

Filed Under: Home Mortgage Tips Tagged With: Appraisals, Home Mortgage Tips, Mortgage

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