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What term describes a professional estimate of a homes value?

Posted on October 28, 2020 by Community Real Estate
What term describes a professional estimate of a homes value?

Judgement
Appraisal
Evaluation
Assessment
.

The answer is: Appraisal

Appraisers are used by banks and other parties to determine the market value of real property.

About Community Real Estate

Community Real Estate is a Real Estate Company committed to provide quality professional services. We are a full service company with in-house lending. We are Realtor®s and HUD approved selling agents. We are expert Short Sales, Listing Agents and Buyers’ Agents. We also specialize in First Time Buyers, Second Homes, Vacation Homes, Investment Homes, Leasing and Rentals, Relocations, Foreclosures, Distress Properties and REO listings and sales. We support our America’s Heroes. We look forward to meeting you and your needs!
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