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Who is the appraisal?
Just like the title says, do I need to find my own appraisal after renovation in New York state?
I am not familiar who is running the business. That is, is this a city governmnet’s scope of work or do I contact a private company’s scope? Or is it usually provided by the lender when evaluating VAR?
I am trying to buy a single family primary for short term rental given the market situation, and I want to analyze if long term rental make sense financially if I switch it to a long term rental in New York State.
Thank you in advanced and happy Halloween!
Most Popular Reply
The lender will get their appraisal management company to do the appraisal. You can always get an appraisal for informational purposes but like @Carolyn Yates said, the lender will not take it, most likely.