Are Appraisals Required For Conventional Loans? | Rules

Yes, conventional loans usually require an appraisal, but some borrowers qualify for an appraisal waiver through automated underwriting. If you’re getting a conventional mortgage today, you’ll hear the word “appraisal” early. Lenders lean on it to confirm the home’s market value before they lend against it. Often, that means a licensed appraiser visits (or uses

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Are Appliances Considered Personal Property In Homeowners Insurance? | Built In Vs Moveable Policy Rules

Homeowners insurance often treats built-in appliances as part of the home, while moveable appliances fall under personal property, subject to your policy’s limits. If you’ve asked yourself, “are appliances considered personal property in homeowners insurance?” you’re trying to figure out one thing: which policy bucket pays when something goes wrong. Most policies split protection into

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