The phrase "appraised amount" is correct and usable in written English.
It is typically used in contexts related to property valuation, finance, or insurance to refer to the estimated value of an asset or property determined by an appraiser.
Example: "The appraised amount of the house was significantly higher than the asking price, leading to a bidding war among potential buyers."
Alternatives: "assessed value" or "estimated worth".
First, any claim is subject to the deductible, whereas a claim on a valuable personal property policy will be covered for the appraised amount.
Banks will not lend more than the appraised amount, so buyers need to come up with more cash to make up the difference.
To save the deal, your friends would have to either lower the purchase price to the appraised amount ($98,000), which will then lower the amount of the mortgage that the buyer will qualify for, or if the house is underwater, come with enough cash to make the lender whole and pay the closing costs.
"The loan won't be for that amount; it will be for the over-appraised amount, say $225,000.
According to the criminal complaint, they bought real estate at fair prices, had the properties appraised at far higher amounts, borrowed those greater sums from Lehman and pocketed the difference, using the money to fund extravagant lifestyles.
"As house values drop," he said, "people can have a tougher time refinancing, because the house won't appraise for the amount they might need".
The model predictive control is based on a Bayesian environmental prediction model, which works in cooperation with a weather forecast web service, schedule-based predictions about trains and external fans and an occupancy detection system to appraise the real amount of people.
One possible downside to the program is that although the home's appraised value increases by the amount the owner spends on improvements, that value may not be reflected in the ultimate resale price.
To qualify for the Federal Housing Administration loan that she needed, the home, postrenovation, would have to be appraised at a high enough amount that her parents could give her some of the newly created equity for a down payment while still getting all their money back.
Once the property available for collateral is appraised, the bank estimates the amount of loan it can disburse, based on the evaluation.
Plus, when homes are in such disrepair, often they are appraised for much less than the amount the borrower needs to fix it up.
