appraisal: What is the Current Value of My House and is it Heading Up or Down?
- 08/03/12 08:49 AM
Whether you are considering selling, refinancing or tapping into your home equity, it is essential to know how much your home is worth. Calculating home value has never been more difficult, so where do you start, and how do you know if this is the right time to sell or refinance? The Challenges of Estimating the Value of Your Home Unless you are in certain isolated pockets of the country which haven’t been affected by the bubble burst - or Mark Zuckerberg is bidding on your home and willing to pay a million more than it’s worth - the chances are … (1 comments)
appraisal: What are the Costs Involved in a Home Equity Loan?
- 02/09/12 05:32 AM
Strapped for cash? Depending on the current real estate market, you may just have the money you need right there in your home. No, not a hidden safe you forgot about, but the equity you’re sitting on. A home equity loan is one way of taking advantage of that equity without having to sell the home to get your hands on it. The home equity loan places a second mortgage on the home and, like the first mortgage, there are fees associated with the loan. These fees vary between lenders, so it pays to shop around for the best rates and … (1 comments)
appraisal: Home Inspections 101
- 12/19/11 01:17 PM
Shopping for a new home is both fun and frustrating. When you finally settle on your dream home and the seller accepts your bid, the rest of the purchase process brings yet more frustration and stress - especially when it comes time to have the home inspected.A quick word here about your purchase agreement. Most savvy agents will place a contingency in the agreement that the sale is predicated on an acceptable home inspection report. Never take for granted, however, that your agent has done so. Make sure the contingency exists in the contract.The home inspection is one of the most … (4 comments)
Whether you are considering selling, refinancing or tapping into your home equity, it is essential to know how much your home is worth. Calculating home value has never been more difficult, so where do you start, and how do you know if this is the right time to sell or refinance?
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