Business profile for Process Solutions in Durango, Colorado. Infofree.com offers unlimited sales leads, mailing lists, email lists.
An appraisal is an unbiased professional opinion of a home's value. Appraisals are almost always used in purchase and sale transactions and commonly used in refinance transactions. In a purchase and sale transaction, an appraisal is used to determine whether the home's contract price is appropriate given the home's condition, location, and features.
The home appraisal is something all homeowners and homebuyers eventually encounter. For homebuyers, a home appraisal is generally a necessary part of the mortgage application process. Homeowners may confront the home appraisal as part of their home selling experience as well as when they're appealing a property tax assessment.