HELOC APPRIASAL ON SFR

[Jorge Ruiz]

Hello BP! I am attempting to refinance in order to get a HELOC from my primary residence. On the application it asked for what I believe my property is worth. They countered with a value $50K for what we believe it is worth. My options are I go with their 'automatic value model appraisal' or pay a non-refundable $500 for them to have someone appraise my property. Is any of this negotiable- both the appraisal and the $500 fee? Thanks BP in advance for any help.