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appraisal date. Day as of which an appraiser's estimate of value applies.
â11-21-2011 11:43 AM. My appraisal was ordered on Friday early afternoon. I was hoping to get an update on when the appraisal actually is, but I haven't heard anything from the LO. My realtor said normally it is only 3 business days from the time they order the appraisal until the appraisal is done and reviewed. I thought that sounded crazy fast.