When buying or selling a property, one crucial step in the process is obtaining an appraisal to determine its value. Appraisals provide an objective assessment of a property's worth, influencing important decisions such as mortgage approvals, negotiations, and even insurance premiums. However, there are instances when the appraisal falls short, causing challenges and uncertainties for both buyers and sellers. In this blog post, we will explore what to do when faced with an insufficient property … [Read more...]
Ways That You Can Go Greener On Your Home Improvement
Making your home improvement projects more environmentally friendly is a great way to reduce your carbon footprint and help protect the planet. Here are some ways you can go greener on your home improvement projects: Use eco-friendly materials: Consider using materials that are made from sustainable and renewable resources such as bamboo, cork, or recycled materials. These materials not only have a lower impact on the environment but can also add a unique touch to your home. Choose … [Read more...]
What is a Home Appraisal?
A home appraisal is an assessment of the value of a residential property conducted by a licensed appraiser. The purpose of a home appraisal is to provide an unbiased and objective estimate of the property's worth based on factors such as its location, size, condition, and comparable sales in the area. During a home appraisal, the appraiser will typically conduct a physical inspection of the property, taking note of its features, condition, and any upgrades or improvements that have been made. … [Read more...]
What’s Ahead For Mortgage Rates This Week – July 17, 2023
Last week’s economic reporting included readings on month-to-month and year-over-year inflation and consumer sentiment. Weekly readings on mortgage rates and jobless claims were also published. Month-to-Month Inflation Rises as Year-Over-Year Inflation Slows The Consumer Price Index for June rose 0.20 percent in June as compared to May’s reading of 0.10 percent growth and expectations of 0.30 percent month-to-month growth. The core CPI reading, which excludes volatile food and fuel … [Read more...]
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