NextPrevious

Saving, Managing Debt, and Budgeting

Home Equity

How does a lender know the value of a house, if it is not for sale?

In order to compute the house’s worth, lenders use a variety of data points, including recent sales of nearby property, property records, deeds, mortgage records, and current appraisals.

Close

This is a web preview of the "The Handy Investing Answer Book" app. Many features only work on your mobile device. If you like what you see, we hope you will consider buying. Get the App