What Is The Meaning Of Appraisal In Real Estate?
Eagle Home Appraisal Cumberland Podcast

What Is The Meaning Of Appraisal In Real Estate?

2025-08-29
🏡 Ever wondered what an appraisal really means in real estate? An appraisal is a professional, unbiased opinion of a property’s value, usually required when buying, selling, or refinancing a home. 📝✨ It ensures that buyers don’t overpay, sellers price their property fairly, and lenders can approve the right loan amount. 💰✅ Appraisals are conducted by licensed experts who carefully study the property’s location 📍, size 📏, condition 🛠️, and compare it to similar homes in the market. This process helps create trust between all part...
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