Definitions for "INDEPENDENT APPRAISAL"
An appraisal by one who has no interest in the property or nothing to gain from a high or low appraisal.
An estimate of the value of a property prepared by someone who has no interest in the property or, if a mortgage is involved, in the lender.
An estimation of value created by a professional, certified appraiser with no vested interest in the value of the property.