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Certificate Of Reasonable ValueAn appraisal issued by the Veterans Administration showing the property's current market value. |
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Related Mortgage Definitions: Appraisal Appraisal An estimate of the value of property, made by a qualified professional called an "appraiser". Before a lender will lend you the money for a home, they will first require an appraisal to be done by a qualified licensed appraiser ... more... Certificate Of Reasonable Value Certificate Of Reasonable Value An appraisal issued by the Veterans Administration showing the property's current market value. ... more... Closing Closing The meeting between the buyer, seller and lender or their agents where the property and funds legally change hands. Also called settlement. Closing costs usually include an origination fee, ... more... Assessment Assessment A local tax levied against a property for a specific purpose, such as a sewer or street lights. Closing Costs Loan To Value Ratio Home Inspection ... more... |
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