appraisal


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Related to appraisal: Appraisal Cost

Appraisal

A valuation or an approximation of value by impartial, properly qualified persons; the process of determining the value of an asset or liability, which entails expert opinion rather than express commercial transactions.

appraisal

noun appraisement, assessment, computation, determination, estimate, estimated value, estimation, evaluation, examination, fixing a price, measurement, quantification, reckoning, setting a price, setting the value, survey, valuation
Associated concepts: appraisal at actual value, appraisal at estimated value, appraisal at market value, appraisal value
See also: account, appreciation, arbitration, assessment, choice, computation, concept, cost, decision, determination, differentiation, discernment, discretion, discrimination, estimate, estimation, expense, face amount, generalization, idea, inspection, judgment, measurement, par, perception, price, proposal, rating, report, review, value, worth
References in periodicals archive ?
The program included a team element, and Got Appraisals would like to congratulate the other members of Mary Anne's team as well: Joe Cabrall, VP Corporate Accounts at CMG Financial; Andrew Mac Leod, Commercial Mortgage Banker at Barry Slatt Mortgage; Laura Geffery, Chief Operations Officer at Parkside Lending.
Though always an important valuation function, review appraisals have become even more prominent within the profession and play a vital role in risk management and mitigation," Wilson said.
The Federal Reserve should avoid establishing a revised IFR [interim final rule] or Final Rule that is inconsistent, or alternatively, weak, ineffective and contrary to the spirit of the Dodd-Frank Act," the appraisal organizations wrote.
2003 William Weaver, PhD, and Stuart Michelson, PhD, "A Practical Tool to Assist in Analyzing Risk Associated with Income Capitalization Approach Valuation or Investment Analysis," The Appraisal Journal (October 2003): 335-344.
If Reese doesn't accept the appraisal, the loan isn't made Jack Sommerfield, vice chairman of Sunbelt Savings, said his board is pleased with Reese's results so far.
Responses to the opinion questions revealed that the physicians attached "high value" to the performance appraisal as a measure of their quality of care and service but only "some value" as a measure of their cost effectiveness.
In June 1990 the Federal Reserve Board adopted the appraisal regulation containing the additional appraisal standards of the agencies, and, at the same time, the USPAP revisions were finalized.
This process does not allow for appraisal of the head of the agency by managers and supervisors.
If this situation exists, there is no need for a formal six-month or annual appraisal.
SharperLending has been processing appraisals since the late 1990s, with Appraisal Firewall breaking out of the company's settlement services technology into its own unique offering.
Lenders have always been concerned about buybacks, and now with the Dodd-Frank [Wall Street Reform and Consumer Protection Act], they have even more reason to be concerned," said Brian Coester, chief executive officer of Coester Appraisal Group.
Coester will have a built in "UAD Screening" process the will screen the appraisal before the appraisal is sent to the client.