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.
appraising. 1  transitive verb. 2  1 : to set a value on : to estimate the amount of appraise the damage. 3  2 : to evaluate the worth, significance, or status of; especially : to give an expert judgment of the value or merit of appraise an actor's career.