An appraisal gap occurs when a home appraises for less than the price you offered. Appraisal gaps can increase your out-of-pocket costs or even force you to back out of a purchase. Including an ...

If you've owned your home for several years, you've likely built up significant equity. In fact, the average American homeowner now has $307,000 in equity, according to a recent Cotality report — ...

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