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Updated almost 10 years ago on . Most recent reply

Stephan Haas's profile image
Stephan Haas's profile image
Stephan Haas
  • Investor
  • from Delton, MI
  • Member since Jan 4, 2015
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Stephan Haas's profile image
Stephan Haas's profile image
Stephan Haas
  • Investor
  • from Delton, MI
  • Member since Jan 4, 2015
Connect
Stephan Haas
  • Investor
  • Delton, MI
14
Votes |
133
Posts
Investor Mindset

appraisal vs insurance quote

Stephan Haas
  • Investor
  • Delton, MI
Posted

So, a month ago I was disapointed in an appraisal i had gotten, I was trying to barrow $20k for a 4 unit....the appraisal came back at $15k......ouch!!!!! I found private $ to do the deal and called to get an insurance quote. They quoted me "actual cash value" is $244,076! Thats a $230k difference....I dont get it.

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