Business profile for Process Solutions in Durango, Colorado. Infofree.com offers unlimited sales leads, mailing lists, email lists.
An appraisal is an unbiased professional opinion of a home's value. Appraisals are almost always used in purchase and sale transactions and commonly used in refinance transactions. In a purchase and sale transaction, an appraisal is used to determine whether the home's contract price is appropriate given the home's condition, location, and features.
A home appraisal, an objective opinion about what a home is worth, provides valuable information about real estate. Both buyers and sellers seek this information, which is also used by tax assessors and mortgage lenders. Appraisers, though, charge for their services, and the charges can vary.he standard appraisal rate is between $300 and $700 in 2010. Appraisers, though, generally charge more for larger homes and more valuable homes. Appraisals that do not require the appraiser to go inside the home are less costly, but they are also less common. Most appraisals require full inspections of a home.