Advertising

Appraisal

• Is an expert evaluation of the current, probable market value for a property. It is not necessarily the market value or transaction price.

 
 Embedded terms in definition
 Market value
Market
 
 Referenced Terms
 Fair price provision: See: Appraisal rights.

 Rams reverse annuity mortgages: Mortgages in which the bank makes a loan for an amount equal to a percentage of the Appraisal value of the home. The loan is then paid to the homeowner in the form of an annuity.

 
 Related Terms
 Appraisal ratio
Appraisal rights

<< Api Appraisal ratio >>

Teaching Children the Financial Facts of Life: Showing the importance of saving, spending wisely and sharing with others More...

A friend is one who knows us, but loves us anyway. - Fr. Jerome Cummings

Advertising



Copyright 2009-2017 GVC. All rights reserved.