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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 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
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
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
The Appraisal Place – Real Estate Appraisals, Los Angeles, California Welcome to The Appraisal Place, your trusted source for professional real estate appraisal services in Los Angeles, California, and surrounding areas We specialize in delivering accurate, reliable property valuations for estate planning, trust administration, divorce settlements, and FSBO home sales
What are appraisals and why do I need to look at them? An appraisal is an independent assessment of the value of the property When you borrow money to buy or refinance a home, your lender may need to get a new appraisal and may require you to pay for it Your lender may also use other ways to check the value of the home
What Is A Home Appraisal? | Bankrate A home appraisal involves an objective professional evaluating a home to determine its value Home lenders commonly order appraisals during mortgage or refinance underwriting