This refers to a property’s estimated worth at a given point in time. It is determined through an evaluation of a professional appraiser, typically during the mortgage origination process. A property’s or an asset’s market value may not at all correspond to its appraised value.
Appraised value
This refers to a property’s estimated worth at a given point in time. It is determined through an evaluation of a professional appraiser, typically during the mortgage origination process. A property’s or an asset’s market value may not at all correspond to its appraised value.
