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2. Home appraisal vs. home inspection: What’s the difference?

   www.aol.com/finance/home-appraisal-vs-home...

   An appraisal is a process used to determine the value of a home. Usually, if the homebuyer is seeking financing for the purchase, the bank or mortgage lender will require the property be appraised.

3. Real estate appraisal - Wikipedia

   en.wikipedia.org/wiki/Real_estate_appraisal

   A type of value, stated as an opinion, that presumes the transfer of a property (i.e., a right of ownership or a bundle of such rights), as of a certain date, under specific conditions set forth in the definition of the term identified by the appraiser as applicable in an appraisal. Thus, the definition of value used in an appraisal or Current ...

4. Appraised value - Wikipedia

   en.wikipedia.org/wiki/Appraised_value

   An appraised value (United States) or mortgage valuation (Australia) pertains to the assessed value of real property in the opinion of a qualified appraiser or valuer. It is usually a pre-qualification & risk-based pricing factor related to the issuance of mortgage loans by a financial institution .

5. Highest and best use - Wikipedia

   en.wikipedia.org/wiki/Highest_and_best_use

   If the value of the commercial lot as vacant in "House B" exceeds the value of house as a residence as improved plus demolition costs, the overall highest and best use of this property would be the as vacant value of the commercial lot. For example, assume that "House B" has a value as a house of $200,000, and a site value as a commercial lot ...

6. Do all heirs need to agree to sell an inherited property? - AOL

   www.aol.com/finance/heirs-agree-sell-inherited...

   Selling an inherited house requires navigating a maze of complexities. ... For example, in California, if the executor can sell the property for at least 90 percent of its appraised value, they ...

7. 4 ways to get equity out of your home — and what to know ...

   www.aol.com/finance/how-to-get-equity-out-of...

   Once you have your appraised value, you can divide the remaining balance on your mortgage by this appraised value to find your LTV. Say you purchased a $250,000 home with a mortgage you still owe ...