When it comes to home financing, purchasing and refinancing a mortgage share similarities but serve distinct purposes. Understanding how each process works can help you make informed decisions about homeownership and financial planning.
The Key Details About Home Appraisals That You Might Not Know
A home appraisal is a critical step in the buying, selling, or refinancing process, yet many people don't fully understand how it works or what factors influence it. Whether you're a buyer, seller, or homeowner looking to refinance, here are some key details about home appraisals that you might not know.