How to Use a Home Appraisal or BOV to Drop PMI and Maximize Your Home’s Value
Learn how a home appraisal or broker opinion of value (BOV) can help you **remove private mortgage insurance (PMI)** and maximize your home’s equity. This guide covers how to prepare for an appraisal, the differences between a BOV and a formal appraisal, and the **additional benefits** of an updated home valuation, including refinancing options, home equity loans, property tax reassessment, and more. Whether you’re aiming to save money on your mortgage or unlock new financial opportunities, this post offers valuable insights for homeowners.