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Updated over 3 years ago on . Most recent reply

Lee Jedlicka's profile image
Lee Jedlicka's profile image
Lee Jedlicka
  • Real Estate Agent
  • from Naples
  • Member since Feb 27, 2020
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User Stats

30
Posts
6
Votes
Lee Jedlicka's profile image
Lee Jedlicka's profile image
Lee Jedlicka
  • Real Estate Agent
  • from Naples
  • Member since Feb 27, 2020
Connect
Lee Jedlicka
  • Real Estate Agent
  • Naples
6
Votes |
30
Posts
General Real Estate Investing

Appraisal - new construction

Lee Jedlicka
  • Real Estate Agent
  • Naples
Posted

Hello BP community, 

We re just finishing our new construction, getting ready for the appraisal. We are expecting minimum of 50% equity. 

Our lender is advising NOT to prepare any forms, pdf's. or comps for the appraiser. Based on today's BP Daily podcast, it is recommended to prepare Comps and other materials in order to Up the chances for high appraisal. 

Any advise whether or not to prepare any supporting documents will be appreciated. 

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