If you’re planning to buy a home, the home inspection and appraisal are important steps in the process. Here’s the key difference between an appraisal and an inspection: “In simplest terms, a home appraisal determines the value of a home, […]
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Key terms in today’s housing market
The language of buying and selling a home may sound scary at first, but knowing how key terms relate to today’s market can help you. For example, current low mortgage rates and higher wages positively impact affordability for buyers, while […]
What to expect as appraisal gaps grow
In today’s real estate market, low inventory and high demand are driving up home prices. As many as 54 percent of homes are getting offers over the listing price, based on the latest Realtors Confidence Index from the National Association […]