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Updated about 7 years ago on . Most recent reply

User Stats

284
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Pat Jackson
  • Rental Property Investor
  • Reno, NV
137
Votes |
284
Posts

36 hours to appraisal.....what would you do?

Pat Jackson
  • Rental Property Investor
  • Reno, NV
Posted

Seriously asking for a friend!  I had mine done last year.  Things I learned:

He wanted to see normal conventional financing stuff....smoke detector in every room, Co2 detector in the right place, was impressed a lot of things had been remodeled recently, etc.  The appraiser didn't seem to care much about stuff that wasn't under the roof.  Didn't care about the added $3,000 metal shed, the custom privacy fence, etc.

Anyway, my friend isn't a BP member (I'm encouraging him to join!) so I'm asking this for him.  He lives in Davis and is doing a cash-out refi.  Appraiser comes Saturday, he has ~36 hours to get things ready.  My buddy has a normal story, works alot, has two kids, bla bla bla.  It's a great house, but they live in it.

Besides cleaning up/making the inside as spotless as possible, what are the things that YOU would do in the last 36 hours to get the most out of an appraisal?  Paint some peeling trim?  Replace some cracked shingles (he has a clay tile roof)?  Pull some comps?

  • Pat Jackson
  • Most Popular Reply

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    Brian Garrett
    • Real Estate Investor
    • Palm Beach County, FL
    2,019
    Votes |
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    Brian Garrett
    • Real Estate Investor
    • Palm Beach County, FL
    Replied

    Print out a few strong comps to give the appraiser with the reasons why your house is equal or better to them.

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