Appraisal Fee


Definition of "Appraisal fee"

Fee charged by a professional appraiser for an appraisal and appraisal report.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

 

Popular Real Estate Terms

Acquisition Cost

Total price of purchasing property, including the amount of the property, cost of appraisal fees, attorney's fee, commission, credit report, hazard in ...

Private Mortgage Insurance (PMI)

Mortgage insurance provided by private mortgage insurance companies (PMIs). As distinguished from mortgage insurance provided by the government under ...

Appraisal Fee

A fee charged by an appraiser for the appraisal of a particular property. ...

Appraiser

A professional with knowledge of real estate markets and skilled in the practice of appraisal. When a property is appraised in connection with a loan, ...

National Flood Insurance

Insurance based on the National Flood Insurance Program, enacted By Congress in 1968. The intent of this legislation is to provide insurance coverage ...

Sash

Frame surrounding a door or window to block adverse weather. It may be made of wood, metal, or other material. The frame may be fixed or moveable. ...

Popular Real Estate FAQ

What Does An Appraisal Mean?

An appraisal is an estimate of the value of a certain property by a qualified, independent individual. ...

What Is A Loan-to-value (LTD) Ratio?

A loan-to-value ratio is used by lenders to state how much you have financed. If you put down 20 percent on a purchase, you finance 80 percent and hav ...

What Is Underwriting?

Underwriting is the process of evaluating a loan to determine whether the loan is a good risk. ...

What Is An APR And What Does It Include?

An APR stands for an ANNUAL PERCENTAGE RATE. This rate includes the costs of any points paid, mortgage insurance, and other costs. ...

What Is An Amortization?

The process of paying off a loan balance. As you make payments, a certain amount is applied to the principal and a certain amount to the interest. ...

What Is A Commitment Letter?

A commitment letter is a formal offer of a loan by a lender. The letter states the terms under which the lender has agreed to the loan. ...

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

A Real Estate Agent’s Guide to Using Social Media Effectively The First-time Home Buyers Guide to Home Insurance An Agent’s Guide on How to Plan the Perfect Open House Top Five Reasons Your Home Offer was Rejected Foreclosure - The Pros and Cons of Buying

FAQ

What is escrow? What is a lock in? What is an agent? What is an easement? What is an interest rate?