A couple outside looking at their new home

Home Financing Library

Appraisals

Appraisal Basics

An appraisal of real estate is a report to determine the valuation of the property based upon a number of factors, ranging from gross living space to the year a property was built.

Other Reasons to Order an Appraisal

There are many reasons to obtain an appraisal. The most common reason is for a real estate or mortgage transaction, but there are numerous other reasons as well.