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Top articles:

Let me begin by clarifying that, when it comes to speculating in the housing market, I have no dog i...
» MA   » Real Estate news11/16/2012
 
South Florida real estate developer Martin Margulies has been sitting on prime ocean-front property ...
» FL   » Real Estate news03/15/2012
 
A recent headline on the Good.is. website, "Can a Font Help a City Make a Comeback?," sounds simulta...
» TN   » Real Estate news02/22/2012
 
We all know that the real estate industry as a whole was a disaster in 2009; however, what appears t...
» TX   » Home selling04/03/2010
 
The sale of Hawaii's smallest publicly accessible inhabited island is imminent, and local leaders ar...
» HI   » Home buying06/25/2012
 
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Appraisal

A professional determination of value. Mortgage companies usually require an appraisal of the property by a licensed, disinterested party before agreeing to loan money on the property. Methods of determining value may be based on many things, such as comparable sales in the area, the cost approach, the income approach, or the highest and best use of the property.

See also:
  • Acceptance
  • Ad Valorem Tax
  • Adjustable Rate Mortgage
  • Agent
  • Amortization
  • Amortization Schedule
  • Annual Percentage Rate
  • Appraisal
  • Appraised Value
  • Appreciation
  • APR
  • ARM
  • As Is Condition
  • Asking/Listing Price
  • Assessed Value
  • Assignee
  • Assumable Mortgage
  • Assumption of mortgage

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