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Mortgage Term Glossary

Assurance Financial

Before you buy a home or refinance a mortgage, your property will most likely need to go through the appraisal process. During an appraisal, a professional will evaluate your home’s condition, how much similar homes have sold for recently and the overall market to determine the value of your home. Assessed Value.

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Real Estate Appraisers Share How They Stand Out from the Competition

McKissock

Approach to the appraisal process. Appraisal specializations. ” Free download: Ready to launch your appraisal career? Find out if an appraisal career is right for you in our free guide. ” Related reading: 8 Characteristics of a Successful Real Estate Appraiser. “IT/Mass Appraisal.”