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Appraisal or Appraiser

Definition

A market value estimate for a parcel of real estate that is made by a competent professional who is knowledgeable about local real estate prices and market trends.

Acronyms
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Related Terms and Acronyms

Appraisal — Definition,
- An estimate of the market value of a piece of real estate made by a competent professional who knows local real estate prices and markets.
Appraiser — Definition,
- A person qualified by education, training, and experience to estimate the value of real property and personal property.