An appraisal report is a document that provides an evaluation or assessment of the value, condition, or quality of something, such as a property, item, or business. Full definition
As a Mortgage Consultant, I actively review property assessments and appraisal reports for my clients and have been getting a lot of calls lately about these newly assessed values. (loanbox.ca)
Also by law, you are entitled to receive a copy of the completed appraisal report from your lender. (sfbayappraisal.com)
That the process is standardized is one reason lenders are required to use independent appraisal reports when evaluating many mortgage applications. (moneysense.ca)