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GLOSSARY
Canadian Financial, Real Estate and Mortgage Glossary
How often this word is used
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50% - Moderately
50% - Moderately
Appraiser
Synonyms: | adjudicator, arbiter, assessor, critic, evaluator, expert, ombudsman |
Filed Under: | mortgages, real-estate |
Tags: | appraisal, mortgage, realty |
Definition of appraiser
- appraiser
- 1. A person who is qualified by education, training, and work experience to estimate the value of real and personal property.
Related Terms and Acronyms:
- appraisal 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.
- appraisal or appraiser (ap) 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.
- appraisal report A detailed evaluation of the value of a property based on an inspection and a review of the values of nearby, comparable properties.
- home inspection A thorough examination of a house's visible structural parts and systems, conducted before purchase.
- home inspector A person who has a broad general knowledge relating to basic home construction, common household problems and methods for their correction.
- inspection A critically and carefully performed examination.
- inspection report The documentation of a thorough examination of a house's visible structural parts and systems, conducted before purchase.
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