VA loan appraisal requirements are not like a lot of the VA requirements you hear about. There’s no getting around this one. The VA loan system won’t give you their blessing for your VA loan mortgage without it. The good news is they have a large network of VA-approved appraisers and one of them will be assigned to your case. You don’t have to do much, but understanding the ins and outs of the appraisal will help you navigate the VA loan process.
Did you know that one of the biggest reasons that real estate transactions fail is because of a low appraisal? The buyer’s lender typically won’t issue a loan for more than the appraised value. So, when you sell your home, it’s critical you do everything you can to increase the appraised value as much as possible. But how exactly do you do that? And what exactly is a home appraisal anyway? Here’s everything you need to know about how to prepare for a home appraisal.
Are you thinking of buying a fixer-upper? Purchasing a property that needs some renovating is a terrific way to move into an otherwise unaffordable neighborhood. But, there are also a lot of risks and hard work that go into flipping a home. Here are some tips to help you know what to look for and how to purchase a fixer-upper.