Definition of alleviate for English Language Learners. : to reduce the pain or trouble of (something) : to make (something) less painful, difficult, or severe.
A mortgage commitment letter can take up to 4 weeks after an appraisal is complete so it is very important to set an appraisal date. Also note that in this market appraisals do not always come in at or above your accepted offer and an appraisal lower than accepted offer will lead to a renegotiation or change of terms. mortgage commitment letter can take up to 4 weeks after an appraisal is complete so it is very important to set an appraisal date. Also note that in this market appraisals do not always come in at or above your accepted offer and an appraisal lower than accepted offer will lead to a renegotiation or change of terms.
As a general rule of thumb, an appraisal should be considered out of date if it is more than six months old, under most market conditions. When prices are changing quickly, as they have over the last few years, even six months is too long. The value of your home can change the next day due to outside conditions.n appraisal ordered by the US Department of Veteran Affairs (also known as a VA appraisal), is valid for 6 months. Once the appraisal is complete, the VA will assign a Certif â¦ icate of Reasonable Value (C.R.V.) to the property. The C.R.V. assigned is good for any eligible borrower.