appraisal fee

Assessment service cost

An appraisal fee is the charge for having a professional assess the value of something, typically real estate.

When buying a home or refinancing a mortgage, lenders require an independent appraisal to confirm the property's worth: The appraisal fee added $500 to our closing costs.

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home value · estimate · loan estimate · good faith estimate · property · home · mortgage · closing · closing costs · lender · real estate · real estate agent · surveyor · cost · charge · evaluation · market value · housing market

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