A home appraisal provides an official value of a home or property that lenders use when approving a mortgage. A home appraisal determines your down payment, interest rate, and loan terms.

FHA Inspection Requirements While an FHA appraisal contains elements of a home inspection, it’s not as comprehensive as a home inspection by a licensed home inspector.

Achieve reports that while a home appraisal is usually required for a HELOC, some lenders may use a digital appraisal to ...

Understand the importance of home appraisals in the buying and selling process, and learn how to leverage them to secure the best price for your clients.

A low home appraisal could hurt your chances of qualifying for a refinance, so it’s important to know why it could happen and how to appeal one.

How much does a home appraisal cost? The average price for an appraisal of a single-family home is $357, according to 2025 data from Angi. This typical range is between $314 and $423, and the ...