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Updated over 4 years ago on . Most recent reply
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[Oakland] Appraisals during COVID
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 - Do you have any insight?
Thanks,
Calvin
Most Popular Reply
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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).