An appraisal gap occurs when a home appraises for less than the price you offered. Appraisal gaps can increase your out-of-pocket costs or even force you to back out of a purchase. Including an ...

Last week we outlined how home appraisers gather and measure the qualities of a house based on its neighborhood, site, and home improvements. Now we will try to explain how they use visual impressions ...

A lower-than-expected home appraisal can be disappointing, whether you’re purchasing a home or applying for a refinance. A home appraisal that comes in low can create issues for a buyer trying to ...