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Updated about 6 years ago on . Most recent reply

Kyndall Johnson's profile image
Kyndall Johnson's profile image
Kyndall Johnson
  • Investor
  • from Greenville, SC
  • Member since Aug 3, 2017
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22
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Kyndall Johnson's profile image
Kyndall Johnson's profile image
Kyndall Johnson
  • Investor
  • from Greenville, SC
  • Member since Aug 3, 2017
Connect
Kyndall Johnson
  • Investor
  • Greenville, SC
12
Votes |
22
Posts
Buying & Selling Real Estate

Refi. Appraisals vs Purchase Appraisals

Kyndall Johnson
  • Investor
  • Greenville, SC
Posted
It seems when I’m purchasing a property the appraisal comes in very close to purchase price, but when I refinance a property the appraisal is always on the high end of the market value. Is this a common experience with everyone? Does the lender just want to lend more money with a refinance? Thoughts? Experiences?
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