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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 - 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
California Bureau of Real Estate Appraisers Pathways to a Career in Real Estate Appraisal Whether you're just starting out or exploring alternative routes, California now offers more inclusive and accessible options to help you become a licensed real estate appraiser
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
Appraisal Institute - Home Page The Appraisal Institute supports key appraisal provisions in the ROAD to Housing Act, including measures to modernize valuation practices and expand opportunities for aspiring appraisers
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
How a High Appraisal Sets You Up for Long-Term Value | Redfin An appraisal is a standard step in the home buying process that lenders use to determine a home’s value It ensures the amount they’re lending aligns with what the property is actually worth If the appraisal comes back under the purchase price, buyers might need to step in with extra cash to fill in the gap between the home’s actual value and the loan amount But a higher-than-offer