- Home Appraisal: What It Is and How It Works - Zillow
What Is a Home Appraisal? A home appraisal is an estimate of a property’s value by a licensed appraiser Whether you’re buying, selling or refinancing a home, an appraisal is typically an important part of the process because the results can affect the borrower’s ability to receive a loan
- Appraisal: Definition, How It Works, and Types of Appraisals - Investopedia
An appraisal is an assessment of the fair market value of a property, business, antique, or even a collectible Appraisals estimate the value of items that are infrequently traded and unique
- What Is A Home Appraisal And How Do They Work? - Forbes
A home appraisal is how lenders determine if the home you've made an offer to purchase is worth what you've agreed to pay for it
- APPRAISAL Definition Meaning - Merriam-Webster
The meaning of APPRAISAL is an act or instance of appraising something or someone; especially : a valuation of property by the estimate of an authorized person How to use appraisal in a sentence
- What Is an Appraisal? The Appraiser’s Definition | McKissock
An appraisal refers to the process of determining something’s value—a car, a ring, or (in this case) a piece of real estate A licensed appraiser performs an independent, unbiased valuation to determine the current market value of a property, such as a single-family home, farm, or business
- Appraisal | Definition, Purpose, Factors, Process, and Benefits
An appraisal is an objective evaluation of a property's market value Performed by a certified appraiser, it plays a central role in various real estate transactions, providing a factual foundation for decision-making
- Appraisal - Overview, Purpose, What is Included, Types
An appraisal is an independent and objective estimate of an asset’s value conducted by an expert with appropriate credentials The appraiser conducting the estimate of value must be completely independent of all other stakeholders in the transaction
- Appraisal Definition: How Your Home Value is Determined and Why - HomeLight
An appraisal is both a process and a report Here’s how an appraisal is defined, why you need a value on your home, who can do it, and how it’s done
|