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.
verb (used with object), appraised, appraising. 1. to estimate the monetary value of; determine the worth of; assess: We had an expert appraise the house before we bought it. 2. to estimate the nature, quality, importance, etc.: He tried to appraise the poetry of John Updike.