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| APPRAISAL FEE |
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Related Terminology: MORTGAGE INSURANCE PREMIUM (MIP)
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| an amount paid to order an appraisal report. |
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| Example Appraiser Allen charges an appraisal fee of $500 to prepare an appraisal of a single-family home on the urar (uniform residential appraisal report) form. Appraiser Charles charges $40,000 for a self-contained appraisal report on a multi-tenant skyscraper. |
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