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.
What is a house appraisal? A house appraisal is an estimate of a property's value. Mortgage lenders require an appraisal on your home before theyâll provide a loan for the simple reason that the property is the underlying asset that serves as collateral for the loan.