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appraisal
(redirected from appraises)

   Also found in: Dictionary/thesaurus, Medical, Legal, Financial, Wikipedia 0.01 sec.
appraisal
An evaluation or estimate (preferably by a qualified professional appraiser) of the market or other value, cost, utility, or other attribute of land or other facility.


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If the home does not appraise, or appraises lower than the agreed upon sales price between buyer and seller, the price may have to be re-negotiated to match the appraised value, or the buyer will not be able to obtain a mortgage/loan for the home.
An appraiser who regularly appraises for the donor, donee or party to the transaction and does not perform a majority of his or her appraisals for other persons.
 
 
 
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