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Whether you’re a first-time buyer or a repeat buyer, here are four things you need to know about appraisal. 1. How An Appraisal Differs from a Home Inspection. Both a home inspection and a home appraisal are common practice when buying or selling a property, but there are differences between the two.
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Ways to Increase the Appraised Value of Your Home. Knowing the appraisal value of your home is important if you are going to be refinancing your home, selling your home or getting a reverse mortgage loan. But you don’t have to sit back and wait in angst for the appraised value to come in.
The Government must help mortgage prisoners now – “Being a mortgage prisoner has been hell to me, you worry about losing your home, you can’t plan on starting a family and moving forward with your life. The whole experience affects your mental.
You Are Looking for Buying Your First Home ? Here Are 5 Things You Should Know Back when my husband and I bought our first home in 1997, I knew little about home buying. It was a charming house built on a solid slab of concrete that I had a dream I was flying through [.]
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Assuming the difference is 1000$, if you rent for 7 years you will be saving 80K(approximately)- which means you pay a bigger downpayment and hence saving 80K in interest. All these calculations are done assuming that the home price stays flat. If it falls, you gain additionally by how much if falls. Plus there is insurance, property tax.