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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. 20 Key Signs That Your House Is Losing Value - AOL

    www.aol.com/20-key-signs-house-losing-210029521.html

    Home values in the U.S. increased by about $2 trillion in 2023, reaching a whopping total value of $47.5 trillion. For home sellers, that’s good news. However, you shouldn’t assume that the ...

  5. Broker's price opinion - Wikipedia

    en.wikipedia.org/wiki/Broker's_price_opinion

    A broker's price opinion (BPO) is a report that is performed by a licensed real estate agent, broker. or appraiser.A BPO is an informal appraisal. It is similar to doing a CMA (Comparative Market Analysis) but most times the real estate professional gets paid to do a BPO.

  6. The truth about no-appraisal home equity loans: What ... - AOL

    www.aol.com/finance/what-is-a-no-appraisal-home...

    Traditional appraisal process. No-appraisal process. Inspection. Licensed appraiser inspects property in person. Uses automated valuation models (AVMs) to assess value

  7. Uniform Standards of Professional Appraisal Practice

    en.wikipedia.org/wiki/Uniform_Standards_of...

    At the onset of an assignment, an appraiser is obligated to gather certain specified preliminary data about the project, such as the nature of the property to be appraised, the basis of value (e.g. market, investment, impaired, unimpaired), the interests appraised (e.g. fee, partial), important assumptions or hypothetical conditions, and the ...

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