If you are thinking of applying for a home loan, or would simply like to refinance and have access to some of that built-up equity, it is important to understand the appraisal process when buying or refinancing a property. Banks and other lending institutions have a set process for appraising properties, and with that in mind, here is a brief overview of how lenders evaluate a property. What Is A Property Appraisal? A property appraisal is a professional evaluation of the current value … Read more»
