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Updated over 12 years ago,

User Stats

38
Posts
1
Votes
Denise Dresbach
  • Real Estate Agent
  • Morro Bay CA
1
Votes |
38
Posts

Newbie buying investment property

Denise Dresbach
  • Real Estate Agent
  • Morro Bay CA
Posted

We are currently in the process of buying our first rental property.
We are getting a loan where we put 20% down.
The lender is charging a lot more for appraisal. I was wondering if this is normal?
He says it is because it is an investment property AND it is a "rush" order because the closing date is July 26th.
Thanks for any advice.

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