Appraisal fee definition

Appraisal fee means a fee charged to a borrower by a
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Appraisal fee means a fee charged to a borrower by a lender or broker to recover the direct cost of the fee charged by a duly credentialed real estate appraiser for an appraisal in connection with a mortgage loan application. An appraisal fee may be charged to a borrower by a residential mortgage lender or by a residential mortgage broker, but not by both in connection with the same mortgage loan application. A lender or broker may charge a borrower an appraisal fee for a second appraisal provided that requiring a second appraisal is in accordance with duly promulgated rules.
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Appraisal fee has the meaning given to such term in Section 5.2(c).
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Examples of Appraisal fee in a sentence

  • SELLER WILL PAY: 204 (A) CLOSING COSTS: 205 Deed stamps One-year home warranty 206 Owner’s title insurance policy Mortgage discount not to exceed 207 Title search Appraisal fee 208 Closing attorney/settlement fee Municipal lien search 209 Survey 210 Satisfaction of mortgage and recording fee 211 SELLER’s courier/wire fees 212 Other 213 _ 214 (B) Real estate commission and broker transaction fee pursuant to the listing agreement.

  • The Appraisal fee and Review fee may be included in the project budget as pre-agreement expenses, and can be applied toward the applicant’s Match requirement.

  • SELLER WILL PAY: 266 (A) CLOSING COSTS: 267 Deed stamps One-year home warranty not to exceed $ 268 Owner’s title insurance policy Mortgage discount not to exceed 269 Title search Appraisal fee 270 Closing attorney/settlement fee Municipal lien search 271 Survey Map 272 Satisfaction of mortgage and recording fee 273 SELLER’s courier/wire fees 274 Other 275 _ _ _ 276 (B) Real estate commission and broker transaction fee pursuant to the listing agreement.

  • STREETWALL The base of the building defines the nature of the space between the buildings as perceived by the pe- destrian.

  • The cost of credit constitutes various fees that includes Appraisal fee, Monthly collection fee, Statement fee, Agency fee and Administration Fees {Third party Settlements).

  • SELLER WILL PAY: 203 (A) CLOSING COSTS: 204 Deed stamps Mortgage discount not to exceed 205 Owner’s title insurance policy Appraisal fee 206 Title search SELLER’s courier/wire fees 207 Closing attorney/settlement fee Municipal Lien Search 208 Survey 209 Satisfaction of mortgage and recording fee 210 Other .

  • Academic fee 75, 000/- Library fee 15, 000/- Annual Appraisal fee 15, 000/- Accommodation Charges 20, 000/- *Maximum Permissible Limit: Accredited institutions are at liberty to charge fees which is less than indicated under respective category.

  • Appraisal fee for 2-4 family or property values over $1,000,000 may be higher, Appraisal fee for condos or townhouses may be higher due to questionnaire fees the homeowners association might charge and is required to complete appraisal.

  • Appraisal fee shall include all related work (e.g., clerical, copying, posting, etc.).

  • Appraisal fee charged to obtain a statement of property value for the lender prior to closing.


More Definitions of Appraisal fee

Appraisal fee. Means the fees (excluding any taxes) payable by you for any Appraisal Requests that You are assigned
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Appraisal fee. Such costs or fees as may be incurred by Lender for any appraisal which Lender may require or obtain with respect to any collateral for the Loans.
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Appraisal fee. The actual cost incurred by Lender for an Appraisal, or Lender's standard charge (if any) for the review or preparation by an employee or consultant of Lender of an Appraisal, to be paid by Borrower to Lender pursuant to the applicable provisions of this Agreement.
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Appraisal fee has the meaning given to such term in the Finance Fee Letter.
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Appraisal fee has the meaning specified therefor in Section 2.06(b).
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Appraisal fee means the appraisal fee set out in the Letter payable by the Borrower upon acceptance of the Letter.
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Related to Appraisal fee

  • Appraisal Foundation means the Appraisal Foundation established on November 30, 1987, as a not-for-profit corporation under the laws of Illinois.

  • Appraisal review means the act or process of developing

  • Appraisal Report A report setting forth the fair market value of a Mortgaged Property as determined by an appraiser who, at the time the appraisal was conducted, met the minimum qualifications of FNMA and FHLMC for appraisers of conventional residential mortgage loans.

  • Appraisal shall have the meaning assigned to such term in the Servicing Agreement.

  • Independent Accountant has the meaning set forth in Section 2.04(c)(iii).

  • Appraisal Subcommittee means the Appraisal Subcommittee of the Federal Financial Institutions Examination Council.

  • Appraisal management company means, in connection with valuing properties collateralizing mortgage loans or mortgages incorporated into a securitization, any external third party that oversees a network or panel of more than fifteen certified or licensed appraisers in this state or twenty-five or more nationally within a given year, that is authorized either by a creditor of a consumer credit transaction secured by a consumer's principal dwelling or by an underwriter or other principal in the secondary mortgage markets that engages in appraisal management services.

  • Appraiser panel means a network, list or roster of licensed or certified ap- praisers approved by an AMC to per- form appraisals as independent con- tractors for the AMC. Appraisers on an AMC’s ‘‘appraiser panel’’ under this part include both appraisers accepted by the AMC for consideration for fu- ture appraisal assignments in covered transactions or for secondary mortgage market participants in connection with covered transactions and appraisers en- gaged by the AMC to perform one or more appraisals in covered trans- actions or for secondary mortgage mar- ket participants in connection with covered transactions. An appraiser is an independent contractor for purposes of this subpart if the appraiser is treat- ed as an independent contractor by the AMC for purposes of Federal income taxation.

  • Appraiser An Independent nationally recognized professional commercial real estate appraiser who (i) is a member in good standing of the Appraisal Institute, (ii) if the state in which the related Mortgaged Property is located certifies or licenses appraisers, is certified or licensed in such state, and (iii) has a minimum of five years’ experience in the related property type and market.

  • Appraisal management services means one or more of the following: