Day: March 31, 2025

Why Would Someone Get A House Appraised?

A paper house labeled "House for Sale," pinned with a red pushpin on a wooden board

Home appraisals are required for mortgage approvals, refinancing, and home equity loans, with homeowners ordering them for nine primary reasons: buying or selling property, refinancing mortgages, bankruptcy proceedings, insurance claims, divorce settlements, bail bond collateral, PMI removal, and property tax appeals. A professional home appraisal conducted by a certified appraiser evaluates location, condition, size, and […]