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Home Appraisal: What It Is and How It Works - Zillow
Dec 6, 2022 · 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 …
Appraisal: Definition, How It Works, and Types of Appraisals
Oct 21, 2024 · 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 …
What Is A Home Appraisal And How Do They Work? - Forbes
Nov 1, 2023 · 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 …
What Is a Home Appraisal? Here's Everything You NEED to Know!
Mar 9, 2023 · A home appraisal is a professional valuation of the worth of your home or property. A typical home appraisal costs $250–500, and buyers pay for the appraisal.
Appraisal Definition: How Your Home Value is Determined and …
Jan 21, 2025 · What is a home appraisal? An appraisal is the process of determining what something is worth, getting an official value on a big ticket item — whether that item is your …
What Is A Home Appraisal? | Bankrate
Apr 7, 2025 · A home appraisal is an objective, professional assessment done by a licensed appraiser to determine how much a home or property is worth. For the lender, they are …
Appraisal | Definition, Purpose, Factors, Process, and Benefits
Aug 7, 2023 · 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 …
What are appraisals and why do I need to look at them?
Mar 12, 2025 · An appraisal is a written document that shows an opinion of how much a property is worth. The appraisal gives you useful information about the property. It describes what …
What is a Home Appraisal? How the Process Works | Redfin
Mar 4, 2025 · A home appraisal determines the value of a home. Learn everything about the home appraisal process whether you’re buying, selling, or refinancing.