Cleveland-based Corporate Settlement Solutions (CSS) released an analysis Thursday that highlights a growing gap between appraised home values and sale prices. Across the 19 East Coast and Midwest ...
An appraisal gap transpires when the estimated home's value is below the contracted sales price. For example, you have a purchase agreement to buy a house at $300,000, yet the appraiser returns a ...
It is possible to secure a home equity loan without an appraisal, although it may be more difficult to find. And in today's high-value real estate climate, borrowers may be better served by ...
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