What is a Home Appraisal? An appraisal is a written estimate of a property’s market value used by mortgage lenders to verify a property’s worth for prospective financing. Appraisals are performed by qualified independent real estate appraisers, typically after your purchase offer is accepted by the seller. Why is an Appraisal Required? An appraisal is essential … Continue reading What is a Home Appraisal?