What is the meaning of appraises?
What is the meaning of appraises?
transitive verb. 1 : to set a value on : to estimate the amount of appraise the damage. 2 : to evaluate the worth, significance, or status of especially : to give an expert judgment of the value or merit of appraise an actor’s career.
Whats an appraiser do?
The role of the appraiser is to provide objective, impartial, and unbiased opinions about the value of real property—providing assistance to those who own, manage, sell, invest in, and/or lend money on the security of real estate.
What is the best synonym for appraise?
synonyms for appraise
- apprize.
- assess.
- audit.
- calculate.
- check out.
- evaluate.
- examine.
- gauge.
What does fully appraised mean?
More Definitions of Fully Appraised Fully Appraised means stand data (site specific or borrowed) has been used by the general appraisal system to calculate an indicated stumpage rate or an upset stumpage rate, including upset stumpage rates for BCTS set at variable cost to prepare timber for sale, Sample 1.
What does appraising a house mean?
An appraisal is the best way to estimate your property’s fair market value based on the location, condition and recent sales of similar homes in the surrounding area. Beyond an estimate of how much your property is worth, an appraisal also indicates the amount a lender will let you borrow for a property.
What is appraisal cost?
Appraisal costs are fees a company pays to detect defects in its products ahead of delivering them to customers; they are a form of quality control. For most companies, the money that would be lost as a result of selling faulty products or services far outweighs the appraisal costs.
What is an indolent person?
Definition of indolent 1a : averse to activity, effort, or movement : habitually lazy. b : showing an inclination to laziness an indolent sigh. c : conducive to or encouraging laziness indolent heat.
What does self appraisal mean?
Definition of self-appraisal : an act or instance of evaluating one’s own worth, significance, or status : appraisal of oneself a positive self-appraisal the process of self-appraisal an employee self-appraisal form.
Are refinance appraisals higher?
The refinance appraisal will usually be higher than the other types of appraisals because it is in the bank’s best interest to loan you money and make sure that the property appraises at a high price.”
What does appraisee mean?
2. variable noun. Appraisal is the official or formal assessment of the strengths and weaknesses of someone or something. Appraisal often involves observation or some kind of testing. Staff problems should be addressed through training and appraisals. …an appraisal of your financial standing.
What is the definition of appraisal?
Definition of appraisal. : an act or instance of appraising something or someone a damage appraisal They gave us an honest appraisal of our chances. especially : a valuation of property by the estimate of an authorized person sought an appraisal of her jewelry real estate appraisals.
What is an appraisal review?
An appraisal review is pretty much what it sounds like. It is a “review” of an appraisal report that is done to make sure it meets specific underwriting guidelines and is usually part of a lender’s quality control program.
What is a job appraisal?
The job appraisal represents the culmination of a performance review process that begins when an employee assumes a job and ends at the conclusion of the review cycle (i.e. annual job appraisals). In an organization, the manager uses the job appraisal to measure an employee’s level of performance during the review period.
