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Updated almost 6 years ago on . Most recent reply

Rigo V.'s profile image
Rigo V.'s profile image
Rigo V.
  • Investor
  • from Morris Plains, NJ
  • Member since Jan 20, 2017
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Rigo V.'s profile image
Rigo V.'s profile image
Rigo V.
  • Investor
  • from Morris Plains, NJ
  • Member since Jan 20, 2017
Connect
Rigo V.
  • Investor
  • Morris Plains, NJ
47
Votes |
294
Posts
General Real Estate Investing

should my appraiser be local?

Rigo V.
  • Investor
  • Morris Plains, NJ
Posted

I am under contract for a property and using hard money. My lender is a small local company in NJ and the property is in the neighboring state of PA about 100 miles away. The lender is insisting on using an appraiser that is 100 miles south of my property in Philly. I am concerned the appraisal wont be done correctly. Am I being paranoid or is this common? 

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