Home & Housing
Appraisal
əˈpreɪzl
nounWhat does Appraisal mean?
A professional estimate of a home's value.
Example sentence
"The appraisal came in $10K above our offer."
American usage tip
Lenders require it before approving a mortgage.
Home & Housing
əˈpreɪzl
nounA professional estimate of a home's value.
"The appraisal came in $10K above our offer."
Lenders require it before approving a mortgage.