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Updated over 8 years ago,

User Stats

264
Posts
104
Votes
Jim Sestito
  • Investor
  • Cambridge, MA
104
Votes |
264
Posts

Getting the appraisal # you want. $$

Jim Sestito
  • Investor
  • Cambridge, MA
Posted

Hey BP,

Currently refinancing a property I bought (MA, Massachusetts), rehabbed, and rented.  Now it is time to cash out refi for down payment $ on the next property.

My lender quoted me a value and has now sent out an appraiser to confirm.  The appraiser works for the mortgage company so I feel good he will appraise the house to the value quoted.

Is this normally the case?  Are there any small improvements I can do in a week time to get a stronger appraisal dollar amount?

Any insight on the subject would be helpful.

Thank you - Jim 

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