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Glossary of Terms > A > APPRAISER

APPRAISER

An unbiased third party qualified by education, training, and experience to estimate the value of real estate. Although some appraisers work directly on behalf of mortgage lenders, most are independent individuals or companies.

A Terms

ACCELERATION CLAUSE

ADJUSTABLE-RATE MORTGAGE (ARM)

ALT-A MORTGAGE

AMORTIZATION

ANNUAL PERCENTAGE RATE (APR)

APPLICATION

APPRAISAL

APPRAISER

APPRECIATION

ASKING PRICE

ASSESSMENT

ASSETS

ASSIGNMENT

ASSUMABLE MORTGAGE

ASSUMPTION