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2. Real estate appraisal - Wikipedia

   en.wikipedia.org/wiki/Real_estate_appraisal

   Real estate appraisal, property valuation or land valuation is the process of assessing the value of real property (usually market value). Real estate transactions often require appraisals because every property has unique characteristics.

3. 6 Things You Need To Do When Preparing for a Home Appraisal - AOL

   www.aol.com/6-things-preparing-home-appraisal...

   Homes appraise in increments of $500, so every perceived defect in your home, such as a leaky faucet, peeling paint, or non-functioning light switches, could cost $500 in your appraisal value.

4. 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. A BPO can be either an exterior drive-by or a full interior report.

5. 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.

6. Market value - Wikipedia

   en.wikipedia.org/wiki/Market_value

   Market value is the most commonly used type of value in real estate appraisal in the United States because it is required for all federally regulated mortgage transactions, and because it has been accepted by US courts as valid. However, real estate appraisers use many other definitions of value in other situations. [5]

7. Refinance appraisal: How it works and what to expect - AOL

   www.aol.com/finance/refinance-appraisal-works...

   Appraisal fees are included in the closing costs a borrower pays. The median cost of a house appraisal is $500, according to a 2022 survey by the National Association of Realtors. However, the tab ...