What Is An Appraised Value


Answer for "What is an appraised value?"

Mark Bystrowicz
  RE/MAX City Realtors

An opinion of a properties fair market value, based on an appraisers inspection and analysis of the property.


Search Real Estate FAQ

 

Related Real Estate FAQ

What Is A Title Search?

A title search is the process of reviewing court records and other records to ensure that there are ...

What Is A FHA Mortgage?

A FHA mortgage is when the government guarantees Federal Housing Authority loans. You can put down a ...

What Is A Balloon Mortgage?

A type of mortgage in which the loan amount is amortized over the full length of the loan (usually 3 ...

What Happens When A Property Starts To Depreciate?

When a property depreciates it declines in the value of the property due to poor location, dilapidat ...

What Is A Down Payment?

A down payment is the money you pay up front for the purchase of a home. ...

What Is Accession?

The right of a property owner to have and enjoy all of the advantages of property ownership includin ...

Related Real Estate Glossary Terms

Application

A request for a loan that includes the information about the potential borrower, the property and th ...

Deductive Reasoning

Observance of an event occurring on a repeated basis that leads one to believe that a certain probab ...

Burglary/Theft Insurance

Same as term Burglary Insurance: coverage against loss as the result of a burglary. Found as part of ...

Outpatient

Individual receiving medical treatment who is not required to be hospitalized overnight. ...

Uniform Forms

Widely accepted standard policy forms that have been developed by various rating bureaus or insuranc ...

Salvage Charges

Expense of recovering property by a salvor. Salvage charges are not provided for in insurance contra ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

10 Tips for Homebuyers 6 Reasons you are not selling properties What is Hazard Insurance? What Costs Do Buyers and Sellers Pay On Big Day When Escrow Closes? 3 tips to ensure your sale goes through

FAQ

What does an appraisal mean? What is a mortgage banker? Do you have any tips to help me manage my investing? What are paid advertorials? What is commission?