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Updated about 7 years ago,

User Stats

117
Posts
46
Votes
Isaac A.
  • Grosse ile, MI
46
Votes |
117
Posts

Appraisal value concerns

Isaac A.
  • Grosse ile, MI
Posted

😀I purchased a home on an island for 245k on FHA and with 65k Reno. Appraisal came back with $285k. It was appraised as if the Reno was done.reno includes major repairs- new kitchen, bath, fully finished basement. I have a feeling either the numbers are wrong or the home is not worth $245k. I requested from The loan officer to provide CMV of the home without Reno. Officer is kind of refusing to provide.. The home is on an islande . I am thinking of cancelling the deal.. any advise?:

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