Published October 18, 2019
A is for Appraisal
Written by Stephanie Wardwell
A is for Appraisal
Appraisal-- the act of estimating the value of something by
an expert.
An appraiser is the one who estimates the fair market value
of real property.
In real estate, the buyer’s lender orders the appraisal for
the buyer. The appraiser uploads a copy
of the appraisal to the lender when finished. The lender gives a copy to the
buyer. The buyer pays for the appraisal so it is theirs to keep.
For more info about Appraisals, please contact Stephanie
today.
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