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  2. Uniform Residential Appraisal Report - Wikipedia

    en.wikipedia.org/wiki/Uniform_Residential...

    The most current incarnation of the URAR is the Fannie Mae Form 1004 [1] updated for March 2005. It is considered a full appraisal with all three approaches to value, cost approach, sales comparison approach, and income approach. [2]

  3. Broker's price opinion - Wikipedia

    en.wikipedia.org/wiki/Broker's_price_opinion

    an addition or a cross-check to an appraisal; home equity loans [1] or a home equity line of credit [1] of less than $250,000 [citation needed] refinancing [4] appeal to cancel lender's mortgage insurance (LMI or PMI) [1] due diligence by financial institutions [1] asset evaluation and bookkeeping by financial institutions [1]

  4. Good faith estimate - Wikipedia

    en.wikipedia.org/wiki/Good_faith_estimate

    This is an upfront charge paid to the lender to get a lower mortgage rate – the same as “buying the rate down” 803 - Appraisal Fee; This is the cost of the independent appraisal. It is usually paid by the buyer. 804 - Credit Report; This is the cost of the credit report. The lender does not have to pass this cost along to the buyer.

  5. Refinance appraisal: How it works and what to expect - AOL

    www.aol.com/finance/refinance-appraisal-works...

    A home with a low appraisal represents a higher risk for the lender because you could end up underwater on the new mortgage. If you get a low appraisal, there are a few things you can do:

  6. How to prepare for FHA appraisal requirements - AOL

    www.aol.com/finance/prepare-fha-appraisal...

    How much does an FHA appraisal cost?A home appraisal for a single-family home costs about $500 as of 2023, according to the National Association of Realtors. The price will depend on the level of ...

  7. Home valuation code of conduct - Wikipedia

    en.wikipedia.org/wiki/Home_valuation_code_of_conduct

    No governmental or professional oversight was utilized to address the potential impact of the HVCC to the 1,000,000+ appraisal industry employees and their families. A real life illustration as to the impact of the Home Valuation Code of Conduct (HVCC) on the appraisal industry is The Appraisal Corp in Orange County CA. The firm was founded in ...

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