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To secure the highest possible refinance appraisal, it’s important to take steps to get your home ready to show off. Most people — appraisers included — look favorably on a clean and well ...
Appraisal fee: A home appraisal for a refinance provides a current assessment of what your home is worth. Lenders often require this information before they approve a loan. Lenders often require ...
As with the original appraisal you paid for when buying the home, the refinance appraisal assesses your property’s condition and compares the place to similar homes in your local real estate ...
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A no-closing-cost refinance is a type of low-cost refinance that allows you to refinance without paying closing costs upfront. Instead, you roll those expenses into the loan, which means a higher ...
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Property size. Generally, a larger property will cost more to appraise. Needed repairs. Expect to pay more for a home with extensive damage, because it requires extra effort on the appraiser’s part.