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2. 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 .

3. Tax assessment - Wikipedia

   en.wikipedia.org/wiki/Tax_assessment

   The assessment leads to an "assessed value," which is a base number used in the calculation of the property tax. There is a relationship between the assessed value and the tax liability. The higher the assessment, the higher the tax bill. In some jurisdictions, the assessed value is meant to equal the market value of a property.

4. A Guide to Property Taxes on Your Home - AOL

   www.aol.com/property-taxes-used-calculate-them...

   Calculate the taxable value: In this case, the assessed value is $500,000. Apply the millage rate: The millage rate is 15 mills, which equal 1.5% for every $1,000 of assessed value. Calculate the ...

5. Property tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Property_tax_in_the_United...

   Property classification are used to tax properties at different rates and for different public policy purposes. In Washington D.C. for instance property occupancy is incentivized by taxing residential property at 0.85 percent of assessed value but vacant residential property at 5 percent of assessed value. [22]

6. Fact vs. fiction: Top 7 common home equity myths — debunked

   www.aol.com/finance/home-equity-myths-debunked...

   But your home equity actually is the difference between the assessed value of your home — or what your home is worth — and how much you owe on your mortgage. ... Appraisal and closing costs ...

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

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

   The purpose of an appraisal is solely to assess the market value of the home. A home inspection evaluates the property’s condition, including its safety and the functionality of its systems ...