Most homeowners refinance for financial reasons, such as to lock in a lower interest rate or switch from an adjustable- to a fixed-rate loan. Refinancing can also help you extend your repayment term ...

An appraisal is a critical part of the homebuying process. If your home appraisal comes in lower than expected, it can cost you money and delay — or even derail — the entire transaction. Here we delve ...

A home appraisal is typically a required part of the mortgage application process, whether you’re buying a new home or refinancing. This is because the lender wants to make sure they can get their ...

Home appraisals are done by professionals, but you can usually get an idea of what your home is worth using websites like Redfin and Zillow. These websites use public record information to estimate ...

A home appraisal involves an objective professional evaluating a home to determine its value. Home lenders commonly order appraisals during mortgage or refinance underwriting. Appraisers take many ...

Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures our experts’ opinions aren’t influenced by compensation. Terms ...

Bob Musinski has written about a variety of financial-related topics – including personal and business loans, credit cards and personal credit – for publications such as U.S. News and World Report. He ...

A lower-than-expected home appraisal can be disappointing, whether you’re purchasing a home or applying for a refinance. A home appraisal that comes in low can create issues for a buyer trying to ...

Home appraisals are typically required by mortgage lenders before the loan can be approved. The cost can run several hundred ...