It’s easy to look up how much money you have in your savings account or the real-time value of your stock investments. But determining the dollar value of a home is more complex, especially when you are a mortgage loan officer. When trying to determine a property’s worth, you need to be able to value…
Wondering, ‘How does a home renovation loan work?’ You’re not alone. In fact, one study shows that home remodeling searches more than doubled from 2020 to 2021. More and more people are considering renovating their homes, but not everyone has the cash on hand to do so. Enter the home renovation loan. What is a…
The appraisal gap isn’t so rare in today’s appreciating market. Read on to learn about the appraisal process and what happens when there’s an appraisal gap.
Some Highlights It’s no secret that we love our furry friends – about 70% of U.S. households have pets. What may come as a surprise is how large a role they play in the homebuying process.Americans spend $1,163 a year on their pets, and nearly half of pet owners say they would move for better accommodations and amenities for their pets.If you’re thinking of adding a furry…