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Updated about 6 years ago on . Most recent reply

Matt Hangsleben's profile image
Matt Hangsleben's profile image
Matt Hangsleben
  • Rental Property Investor
  • from East Grand Forks, MN
  • Member since Oct 10, 2018
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Matt Hangsleben's profile image
Matt Hangsleben's profile image
Matt Hangsleben
  • Rental Property Investor
  • from East Grand Forks, MN
  • Member since Oct 10, 2018
Connect
Matt Hangsleben
  • Rental Property Investor
  • East Grand Forks, MN
21
Votes |
10
Posts
Tax, SDIRAs & Cost Segregation

Appraisal Fees Seems Too High

Matt Hangsleben
  • Rental Property Investor
  • East Grand Forks, MN
Posted

I am purchasing a 4 plex (2 bedroom 750 sqft units) in East Grand Forks, MN.  I just received a list of closing fees and the appraisal is listed at $1,400.  This seems outrageous to me but I've never had a multi family property appraised before.  Does anyone have any thoughts on this?  Thank you.

Matt

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