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Updated over 11 years ago on . Most recent reply

Peter Stanford's profile image
Peter Stanford's profile image
Peter Stanford
  • Real Estate Investor
  • from Lynn, Massachusetts
  • Member since May 28, 2014

User Stats

25
Posts
3
Votes
Peter Stanford's profile image
Peter Stanford's profile image
Peter Stanford
  • Real Estate Investor
  • from Lynn, Massachusetts
  • Member since May 28, 2014
Peter Stanford
  • Real Estate Investor
  • Lynn, MA
3
Votes |
25
Posts
Private Lending & Conventional Mortgage Advice

Appraisal Question Regarding a HELOC And A Second Kitchen

Peter Stanford
  • Real Estate Investor
  • Lynn, MA
Posted

I am in the process of getting a HELOC on my home and an appraiser is giving me a hard time about the kitchen located in the accessory apartment. I have all of the building permits and plans (I am not the original owner of the house) but he claims there is no mention of a kitchen. I did a bit of digging and found the second kitchen is listed in the city property records. Does this make it "legal"?

Also, wouldn't the house not have passed the fire inspection and first appraisal?

Oh, and the house is in MA.

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