Refinance appraisal reduced from $350k to $200k
Has anyone ever encountered the bank having an appraiser review their initial appraisal to reduce the value of the assessed property? The scenario is for a cash-out refinance on a four unit property.
Has anyone ever encountered the bank having an appraiser review their initial appraisal to reduce the value of the assessed property? The scenario is for a cash-out refinance on a four unit property.