There are 3 names in this directory beginning with the letter A.
Accredited Investor
An individual with income exceeding $200,000 annually (or $300,000 together with a spouse) in each of the prior two years, and who reasonably expects the same for the current year OR an individual with a net worth of over $1 million (either alone or together with a spouse), excluding the value of the individual’s primary residence. (Source: U.S. Securities and Exchange Commission)
Appraisal
A process of developing an opinion of value for real property. In order to be a valid appraisal, the authorized person will have a designation from a regulatory body governing the jurisdiction the appraiser operates within. Appraisals usually take one of three approaches to value: (i) cost approach, (ii) sales comparison approach and (iii) income approach.
Appreciation / Home Price Appreciation (HPA)
An increase in the value of a home or property over time. The increase can occur for a number of reasons including increased demand or weakening supply, or as a result of changes in inflation or interest rates. This is the opposite of depreciation, which is a decrease over time. The Annual Home Price Appreciation, or HPA is the increase in value of a property over the course of a year.