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Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...
Before issuing an FHA loan, a lender orders an appraisal from a professional approved by the Federal Housing Administration. The appraisal may flag risks to health or safety or note problems with the ...
An FHA appraisal assesses your home’s market value and condition to determine whether it’s both safe to inhabit and a good investment. You’ll need to pass the FHA appraisal to receive an FHA loan for ...
With nearly a decade covering personal finance, Rebecca Safier simplifies loans and other complex financial topics to help people manage their money with confidence. Her work has been featured in ...
Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.
With so many different ways to buy a home, it’s not always easy to find the best type of home loan for you. One of your options is a mortgage that’s insured by the Federal Housing Administration (FHA) ...
FHA loans offer flexibility to borrowers with low credit scores and limited funds for a home down payment. But there’s one area where FHA lenders can’t be flexible: the appraisal. Any property that’s ...
Achieve reports that while a home appraisal is usually required for a HELOC, some lenders may use a digital appraisal to expedite the process.