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Updated about 3 years ago,

User Stats

3
Posts
4
Votes
Adey Bilewu
  • Glenwood, MD
4
Votes |
3
Posts

Home Appraisal Advice

Adey Bilewu
  • Glenwood, MD
Posted

Need some Home Appraisal Advice

Currently working through refinance of a home with the same lender that held the mortgage for 7+ years.

When I applied for the refinance, I reviewed the details of the estimates with the loan officer who said that they would require an AVM and not an appraisal. That was over 90days ago. The application finally made it to processing 2 weeks ago and 2 days ago I was informed they require an appraisal not an AVM and now have 30days to close.

Here's what I see as my options;

1. Spend the next two weeks getting the home appraisal ready so I can close in 30days.

2. Order the appraisal without doing anything to the home (as is) and hope for the best.

Do I have any other options here? If I go with option 1 what should I really focus on to get a good appraisal.

Thanks

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