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Real Estate Tips & News

Top articles:

Sales volumes in the final quarter were down a third from year-earlier levels, despite a 9% fall in ...
» NY   » Real Estate news02/28/2011
 
South Florida real estate developer Martin Margulies has been sitting on prime ocean-front property ...
» FL   » Real Estate news03/15/2012
 
In Pennsylvania, only judicial or in court foreclosures are allowed. To move forward with an in cour...
» PA   » Foreclosure05/02/2008
 
My family decided to take a trip from Reno to Las Vegas to see how the real estate market was behavi...
» NV   » Real Estate news02/16/2012
 
The suburban Boston home where Babe Ruth lived after he had been sent to the New York Yankees is for...
» MA   » Home selling05/13/2012
 
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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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