Appraisal is an important process in the real estate industry. It involves the assessment of a property’s value by a qualified appraiser to determine its market worth. This evaluation various factors such as location, size, condition, and comparable sales in the area. The appraiser uses their expertise and knowledge to provide an unbiased and accurate valuation of the. Raisals are often required for buying or selling a property, refinancing a mortgage, or for insurance tax purposes. a crucial piece of information that helps both buyers and sellers informed decisions.