Appraiser

3 topics · 4 sources

Business

Real Estate

A professional who conducts an analysis of the property, including examples of sales of similar properties in order to develop an estimate of the value of the property. The analysis is called an "appraisal."

A qualified individual who uses his or her experience and knowledge to prepare the appraisal estimate.

Business› Finance› Insurance

Auto Insurance

The person who evaluates the damage caused by an accident or other covered loss and determines the amount to be paid under the policy terms.

Business› Finance› Personal Finance

Mortgage

a professional with knowledge of real estate markets and skilled in the practice of appraisal, a written estimate of a property’s current market value. When a property is appraised in connection with a loan, the appraiser is selected by the lender, but the appraisal fee is usually paid by the homeowner.

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