An estimate of a property’s fair market value, generally performed by a licensed appraiser. Related Articles: Understanding Seller Concessions: A Guide for Colorado HomebuyersSeller concessions can be a valuable tool for reducing your out-of-pocket expenses and making homeownership in Colorado more affordable. The Comprehensive Mortgage Glossary for Denver Home BuyersTo help you navigate the mortgage process in Colorado with confidence, we've compiled an extensive glossary of essential terms.What are Closing Costs in Colorado?Unearth the truth about closing costs in Colorado. Discover their importance, breakdown, and how they impact your home buying process.
