Related Services - The following directories of companies and services offer a wide variety of financial programs to assist you with handling your debts. Consolidate your bills with a debt consolidation loan or use a debt management or credit counseling service for help with your credit card bills and other payments.
- Debt Settlement Help - Too much debt? List of companies providing this alternative to bankruptcy that provides for debt negotiation and arbitration services for those that need to eliminate debt.
- Personal Loan Consolidation - Looking for a small loan? Start at the personal loans directory, where you can shop and apply with different lenders and related services online.
Appraisal definition
Define Appraisal: An appraisal is the valuation of an object by someone well-qualified or authorized to make such an assessment. For example, a home may be appraised at having a fair market value of $250,000 or some jewelry might be appraised by a jeweler as having a value of $500. The appraisal represents the object's worth in the current situation, which is not necessarily the maximum amount it could bring on the open market.
A special type of home appraisal, known as a Broker Price Opinion, places a rough valuation on a home based upon a cursory examination and a comparison with similar properties in the region. They are usually offered for free or for a small charge. Although a Broker Price Opinion may be presented as a valid appraisal, it is not rigorous and does not satisfy many legal requirements of an actual appraisal. Therefore, home appraisals for mortgage loan purposes most often require that valuation be determined by a licensed appraiser.
Debt Consolidation
and Related Personal Finance Terminology
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