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  2. How to prepare for FHA appraisal requirements - AOL

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

    Next steps after an FHA appraisal. Once the FHA appraisal has been completed, the mortgage lender will review the report. There are a few potential outcomes of an FHA appraisal:

  3. Understanding the mortgage underwriting process - AOL

    www.aol.com/finance/understanding-mortgage...

    An appraisal is an evaluation of the property’s worth conducted by a certified appraiser. This is done to ensure that the amount you’re borrowing is in line with the value of the home you’re ...

  4. 6 Things You Need To Do When Preparing for a Home Appraisal - AOL

    www.aol.com/6-things-preparing-home-appraisal...

    Homes appraise in increments of $500, so every perceived defect in your home, such as a leaky faucet, peeling paint, or non-functioning light switches, could cost $500 in your appraisal value.

  5. Real estate appraisal - Wikipedia

    en.wikipedia.org/wiki/Real_estate_appraisal

    The scope of work is the first step in any appraisal process. Without a strictly defined scope of work, an appraisal's conclusions may not be viable. By defining the scope of work, an appraiser can properly develop a value for a given property for the intended user, and for the intended use of the appraisal.

  6. Uniform Residential Appraisal Report - Wikipedia

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

    A Uniform Residential Appraisal Report or URAR is one of the most common forms used in United States real estate appraisals.It was created to allow for standard reporting and analysis of single-family dwellings or single-family dwellings with an "accessory unit".

  7. Loan origination - Wikipedia

    en.wikipedia.org/wiki/Loan_origination

    The appraisal would take place on location of the borrower's property. The appraiser may take pictures of the house from many angles and will take notes on how the property looks. He/she will type up an appraisal and submit it to the lender or broker (depending on who ordered the appraisal.)

  8. How to Prep For a Home Appraisal and Get the Highest Home ...

    www.aol.com/prep-home-appraisal-highest-home...

    Fear not, friends: We got the full scoop on how to prep for a home appraisal, so you can do all the right things in advance and secure the best possible outcome. 1. Clean and Declutter It might ...

  9. Good faith estimate - Wikipedia

    en.wikipedia.org/wiki/Good_faith_estimate

    This is the cost of insuring the title of the property. If there is a question about title (who really owned the property), or if a judgment or lien was really paid off, after the transaction is done then this insurance protects the lender and owner from future problems. 1200 GOVERNMENT RECORDING & TRANSFER CHARGES. 1201 - Recording Fees

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