Definitions for "Appraised Value"
An educated opinion of how much a property is worth. An appraiser considers the price of similar homes in the area, the condition of the home and the features of the property to estimate the value. Request a free home value estimate.
The appraiser's professional opinion of value based on fair market value and analysis of the property.
An estimate of the value of the property offered as security for a mortgage loan. Usually completed by an independent accredited appraisal firm.
Keywords:  asking, condition, price
As-is condition Asking price
Keywords:  assumable, mortgage
Assumable mortgage