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  1. Definition of appraisal. : an act or instance of appraising something or someone a damage appraisal They gave us an honest appraisal of our chances. especially : a valuation of property by the estimate of an authorized person sought an appraisal of her jewelry real estate appraisals. Synonyms More Example Sentences Learn More about appraisal.

    www.merriam-webster.com/dictionary/appraisal

    An appraisal is a meeting, usually held by a manager, to discuss your performance. They’re generally carried out on a quarterly or six monthly basis, and allow you to review your objectives and goals, and talk about your ambitions. This allows you and your manager to work out the best ways to build your career in line with the company’s objectives.

    www.reed.co.uk/career-advice/appraisals-what-yo…
  2. People also ask
    An appraisal is the assessment of the fair market value of a property, business, antique, or collectible. It works by having an authorized appraiser estimate the value of items that are infrequently traded and are often rare or unique. The appraiser must have a designation from a regulatory body governing the jurisdiction.
    A home appraisal is an estimate of a property’s value by a licensed appraiser. It's an important part of buying, selling, or refinancing a home as the results can affect the borrower’s ability to receive a loan.
    Appraisals are important because they help banks and other lenders avoid losses on a loan. They are used in various transactions, such as real estate deals. For instance, if a home appraisal comes in below the purchase price, mortgage lenders are likely to decline funding the deal.
    On average, a home appraisal for a single-family property costs between $300 and $450 while appraisals for multi-family homes start at around $500. The buyer's mortgage lender or broker may order the appraisal on their behalf, but the buyer is typically expected to pay for it out of pocket.
  3. Appraisal Definition & Meaning - Merriam-Webster

  4. Home Appraisal: What It Is and How It Works | Zillow

  5. Appraisal: Definition, How It Works, and Types of Appraisals

  6. APPRAISAL | English meaning - Cambridge Dictionary

  7. Home Appraisal: Process And Cost | Rocket Mortgage

    WEBApr 17, 2024 · Learn what a home appraisal is, how it works and how much it costs. Find out the different types of appraisals, such as hybrid, …

    • Estimated Reading Time: 9 mins
    • Franklin County Auditor - Appraisal

    • What Is a Home Appraisal? - Investopedia

    • APPRAISAL Definition & Meaning | Dictionary.com

    • appraisal noun - Definition, pictures, pronunciation and usage …

    • Real Estate Appraisal - home appraisal - appraiser - real estate ...