Appraisal Needed For a Home Equity Loan in Austin, TX
Buying a home can be one of the most serious financial investments that people make. Most buyers need a mortgage or equity in order to finance this purchase, and because lenders don't want to loan a buyer more money than a property is worth, they will order residential appraisal services. Having an appraisal done by an experienced certified residential appraiser can help ensure that the value of the property is consistent with the amount being paid.
If you are buying, selling, or refinancing your home and a financial institution is involved, you will need an appraisal of your property. An appraisal provides you a reliable estimate of the property's market value. This is then used to determine whether the property is sufficient collateral for a loan.
At Wheeler Appraisal, team of certified residential appraisers have market expertise and years of experience appraising residential homes in Austin and Central Texas. Whether you are getting a mortgage to buy a new home or looking to refinance your current home loan, a residential appraisal conducted by a member of our certified residential appraiser team at Wheeler Appraisal will provide an unbiased estimate of what a buyer might expect to pay, or a seller to receive for the property, while keeping you informed throughout the entire process. Request your residential appraisal services online today, or contact us if you have any questions.