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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
Home Appraisal: What It Is and How It Works | Zillow While a home appraisal and home inspection are both important pre-closing steps, a home appraisal isn't the same as a home inspection An appraisal is an evaluation of the home’s condition to determine its fair market value
APPRAISAL Definition Meaning | Dictionary. com Appraisal definition: the act of estimating or judging the nature or value of something or someone See examples of APPRAISAL used in a sentence
Home Appraisal: How to Request a Reconsideration of Value (ROV . . . - Chase A home appraisal is required for most mortgage transactions secured by real estate Home appraisals are ordered by the customer’s mortgage lender to estimate a home’s market value in a real estate transaction, such as a purchase or refinance
What Is A Home Appraisal? | Bankrate When buying or selling a home, an appraisal determines whether the sale price of the home is more, less or similar to the market value This ensures that the mortgage lender doesn’t lend more