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• a written estimate of a property's current market value prepared by a professional appraiser.

  Departments of the Treasury & Housing and Urban Development, Making Home Affordable Program - Cite This Source - This Definition
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  Cite Definition for Appraisal

  American Psychological Association (APA)

  Appraisal. (n.d.). Making Home Affordable Glossary. Retrieved April 1, 2023, from website: http://www.expertglossary.com/definition/appraisal.

  Chicago Manual of Style (CMS)

  Appraisal. www.makinghomeaffordable.gov. Making Home Affordable Glossary. Departments of the Treasury & Housing and Urban Development, Making Home Affordable Program. http://www.expertglossary.com/definition/appraisal (accessed: April 1, 2023).

  Modern Language Association (MLA)

  "Appraisal." Making Home Affordable Glossary. Departments of the Treasury & Housing and Urban Development, Making Home Affordable Program. 1 April. 2023 http://www.expertglossary.com/definition/appraisal.

• Browse Related Terms: Appraisal, Appraiser, Closing (or settlement) costs, equity, Financial Models, Good faith estimate, Loan to Value (LTV) Ratio

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