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

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

    An appraisal for a refinance is part of the underwriting process for a new loan. Appraisers look at various factors, including your home's location and its size, layout and improvements.

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

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

    A refinance appraisal is often part of the underwriting process for getting a new mortgage to replace your current one. Your lender can order an appraisal to determine your home’s market value ...

  4. Real estate appraisal - Wikipedia

    en.wikipedia.org/wiki/Real_estate_appraisal

    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. The location also plays a key role in valuation.

  5. Highest and best use - Wikipedia

    en.wikipedia.org/wiki/Highest_and_best_use

    The highest and best use of the site is to demolish the house and sell the site as a commercial lot. The market value would be $225,000 ($250,000 site value minus $25,000 demolition cost). However, if the demolition costs rose to $55,000, the highest and best use would be the existing residential use, because the value as a commercial lot (now ...

  6. Uniform Standards of Professional Appraisal Practice

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

    USPAP was originally written in 1986-87 by an ad hoc committee representing the various appraisal professional organizations in the U.S. and Canada. The copyright to USPAP was donated to TAF on April 27, 1987. While USPAP answers a specific regulatory need in the U.S., it has also been adopted by many appraisal professional organizations ...

  7. Get breaking Finance news and the latest business articles from AOL. From stock market news to jobs and real estate, it can all be found here.

  8. Comparables - Wikipedia

    en.wikipedia.org/wiki/Comparables

    Comparables (or comps) is a real estate appraisal term referring to properties with characteristics that are similar to a subject property whose value is being sought. This can be accomplished either by a real estate agent who attempts to establish the value of a potential client's home or property through market analysis or, by a licensed or certified appraiser or surveyor using more defined ...

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