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....
https://www.zillow.com/learn/home-appraisal/
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....
https://www.investopedia.com/terms/a/appraisal.asp
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....
https://www.merriam-webster.com/dictionary/appraisal
Home Appraisals: Everything You Need To Know ? Forbes Advisor
...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....
https://www.forbes.com/advisor/mortgages/how-home-appraisals-work/
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....
https://www.mckissock.com/blog/appraisal/what-is-an-appraisal/
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....
https://www.financestrategists.com/wealth-management/real-estate-investing/appraisal/
What is a Home Appraisal? How the Process Works | Redfin
...A home appraisal determines the value of a home. Learn everything about the home appraisal process whether you?re buying, selling, or refinancing....
https://www.redfin.com/blog/home-appraisal/
Appraisal Definition: How Your Home Value is Determined and Why
...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....
https://www.homelight.com/blog/appraisal-definition/
The Home Appraisal Process: What Homebuyers Need to Know
...In essence, the home appraisal process is meant to protect you (and the lender) from a bad purchase. For instance: If the appraisal comes in higher than your asking price, it's generally fine....
https://www.realtor.com/advice/buy/appraisals-buy-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....
https://www.bankrate.com/real-estate/home-appraisals/