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Updated almost 6 years ago,

Account Closed's profile image
Account Closed's profile image
Account Closed
  • Real Estate Agent
  • from Arlington
  • Member since Sep 21, 2016
Connect
Account Closed's profile image
Account Closed's profile image
Account Closed
  • Real Estate Agent
  • from Arlington
  • Member since Sep 21, 2016
Connect
Account Closed
  • Real Estate Agent
  • Arlington
100
Votes |
162
Posts
Private Lending & Conventional Mortgage Advice

HELOC appraisals - why so low?

Account Closed
  • Real Estate Agent
  • Arlington
Posted

Hi everyone - is it common for HELOC appraisals to come in lower than conventional mortgage appraisals? Last spring my property appraised for $135k and this past fall it appraised again for $85k. No drastic changes to the community in Chicago that in. What's up with that?

Has anyone had luck with the  HUDA method (Hang Up, Dial Again)?

Thanks,

Jonny

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