
An appraisal is an unbiased estimate of what a buyer might expect to pay - or a seller receives - for a parcel of real estate, where both buyer and seller are informed parties. To be an informed party, most people turn to a licensed, certified, professional appraiser to supply them with the most accurate estimate of the true value of their property. It all begins with the inspection. An appraiser's duty is to inspect the property being appraised to ascertain the true status of that property.