Refinance guide appraisal tips for refinancing and waivers
Appraisal Tips for Refinancing — and When a Waiver Makes Sense When refinancing a mortgage, the lender usually needs to confirm the home’s value. That often means an appraisal — a professional, on-site inspection and valuation — but lenders increasingly use appraisal waivers (sometimes called property inspection waivers or PIWs) when automated data shows sufficient…