Archive for the ‘Valuations’ Category

How to Add to The Worth of a House

January 26th, 2011

Home owners may never sell their houses in their lifetime, but that does not mean that they cannot or should not increase their home’s value. Increasing the value of a home not only could earn the home owner more money in the event that they do decide to sell, but can also bring in more money if they need to refinance their mortgage and draw out more capital.
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Mortgage Valuations

February 4th, 2010

Mortgage valuations are usually required before a mortgage can be advanced on a property.

The reason why the mortgage valuation is taken out is to protect the bank in case the borrower defaults.  If the borrower defaults then the bank will sell the property, and they need to know that if they do sell the property that their loan is covered.

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