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.
Definition of appraisal. : an act or instance of appraising something or someone a damage appraisal They gave us an honest appraisal of our chances.; especially : a valuation of property by the estimate of an authorized person sought an appraisal of her jewelry real estate appraisals.