Definitions of appraisal
(US) a fair determination of what a piece of land is worth in the current market
Before giving final approval of your mortgage (=loan), the bank will conduct an appraisal of the property.
There are multiple definitions - click on the translation that matches your context.
substantivo
full
noun
(US) a fair determination of what a piece of land is worth in the current market
Before giving final approval of your mortgage (=loan), the bank will conduct an appraisal of the property.