We made a $90,000 offer on a house listed for $97,500. We were pre-qualified for more than our offer. However, when the mortgage company had the house appraised, it came in $14,000 less than our offer ...

Simplify your mortgage journey with a trusted lender. Home appraisals are an important part of buying and selling a home. The primary purpose is to put an estimated value on a property based on the ...

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Property: Single-family home in Richmond. Rate: 4.375 percent, no points. Backstory: My clients were first-time home buyers and looking in Richmond for a home to accommodate their growing family.

Forbes contributors publish independent expert analyses and insights. I write about real estate economics. This article is more than 5 years old. Does the typical appraisal protect you from overpaying ...

It wasn’t the first time that Katherine Scheri ruined a real estate agent’s day with a low property appraisal. Scheri, a real estate appraiser, had sized up a three-bedroom, two-bath house in Santa ...

Purchasing a house means getting an appraisal on the property as part of the home buying process. The person appraising the house is legally required to be licensed by the state in which they practice ...

But in Philadelphia and other U.S. cities, studies have shown that if you live in a Black or Hispanic neighborhood, your home is more likely to be appraised below its market value when compared to ...