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Updated almost 6 years ago,
Push Back of Lender Appraisal
Curious if anyone out there has experience with approaching their lender with push back on unrealistic appraisals for new construction/development loans? We have four Floor Plans we build consistently in one of our programs and I am intimately familiar in what these units cost to build. I am finding the appraisals our lender is using may not be keeping up with construction cost increases.