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 …
Home Appraisals: Everything You Need To Know – Forbes Advisor
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, 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 Is an Appraisal? The Appraiser’s Definition - McKissock
May 9, 2024 · 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, …
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.
Appraisal Definition: How Your Home Value is Determined and …
Jan 21, 2025 · 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.