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Appraisal

Definition of term

A home appraisal is an estimate of the value of a property, typically conducted by a professional home appraiser and ordered by a lender. The appraisal process involves inspecting the property and comparing it to similar homes in the area to determine its value. Appraisals are often required when buying a home, taking out a mortgage, or refinancing a property.

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Nashville, TN 37214

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