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.
To appraise is to estimate the value of something, but remove the second âa,â and you have apprise, which means âto tell.â If you hire someone to appraise your house, you might have to apprise your family of the fact that you now owe the bank more than your house is worth. Continue reading...