What if the appraisal value is higher than the purchase price? An interesting scenario that could have implications for buyers, sellers and mortgage lenders. In this article, we explore the implications and offer useful insights for dealing with this situation. Find...
If you need an appraisal to obtain financing for a home, in 99% of cases you will need an NWWI VALIDATED appraisal report. This means that an independent institute (the NWWI) checks the appraiser’s valuation report and sees if it meets all the requirements and...
When to pay an appraisal/appraiser is a crucial question when hiring an appraiser for a professional valuation of your home. The process of an appraisal involves several aspects, including the timing of payment. In this article, we explore the important issues...
You can get additional mortgage loans as a (new) homeowner to finance a remodel. A remodel can be very small (such as a new kitchen) or it can be turning the house upside down and wanting to tackle everything in the home. Maybe there is nothing wrong with the home,...
Als huiseigenaar wil je natuurlijk zo min mogelijk betalen voor je hypotheek. Een effectieve manier om dit te bereiken is door je huis te laten taxeren voor een lagere hypotheekrente. Een goede taxatie kan namelijk leiden tot lagere maandelijkse betalingen en/of een...
1. Always choose a nearby appraiser Appraisers have a work area regulation that means they are not allowed to do appraisals more than 20 kilometers away from their office. In the municipality of Amsterdam, The Hague, Rotterdam and Utrecht, this may not even be more...
