http://ts.realestate.com/blogs/tipsandtools/archive/2007/01/11/how-home-appraisals-work.aspxAn appraisal is a written estimate of a property's market value completed by an appraiser shortly after you request your mortgage Lenders use an appraisal report to help determine the maximum loan amount you can borrow. A couple of key questions:enCommunityServer 2008.5 SP2 (Debug Build: 40407.4157)