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Updated about 3 years ago,
Home Appraisal: Do they need access to all spaces?
I am buying the home I’m living in, in the coming month or so. The appraiser has been ordered. The property has a rental unit and two garages. One of these garages is rented out as storage and will not be accessible for the appraisal. Is that going to be a problem? Will they be able to assess the home value only looking at the garage from the outside?
Additionally, are there any conditions of the property that would cause my lender to pull their loan? Or is the sole purpose of the appraisal a valuation.
Thanks!
First time home buyer, Catherine M.