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Updated over 4 years ago on . Most recent reply

User Stats

246
Posts
127
Votes
Calvin Kwan
  • Oakland, CA
127
Votes |
246
Posts

[Oakland] Appraisals during COVID

Calvin Kwan
  • Oakland, CA
Posted

Hi All,

During this shelter in place, do you know if appraisers are doing drive-by only, or are they actually going into units?  I'm in contract on a vacant fixer unit that needs foundation work.  I'm afraid if the appraiser goes in to inspect, he's going to find a lot of issues to report.  Any thoughts on this?  

@Chris Mason

@Chris Mason - Do you have any insight?  

Thanks,
Calvin

Most Popular Reply

User Stats

36
Posts
15
Votes
Joseph J DiFranco
  • Appraiser
  • Chicago area
15
Votes |
36
Posts
Joseph J DiFranco
  • Appraiser
  • Chicago area
Replied

I'm still doing interior inspections, depends on the requirements of the lender. I heard FHA is going with drive by inspections. I recommend you stay away from hiding property issues from an appraiser (fraud).

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