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All Forum Posts by: Gav Sak

Gav Sak has started 1 posts and replied 3 times.

Mortgage Brokers & Lenders

Post: Appraisal disagreement advice

Gav SakPosted
  • Posts 3
  • Votes 0

@Manaia Alalamua thank you. It seems as though my loan officer would be my best bet. Thanks for the advice

0 Votes
Mortgage Brokers & Lenders

Post: Appraisal disagreement advice

Gav SakPosted
  • Posts 3
  • Votes 0

Thank you for your reply. Comps are selling for 100k+ what they were selling for.

0 Votes
Mortgage Brokers & Lenders

Post: Appraisal disagreement advice

Gav SakPosted
  • Posts 3
  • Votes 0

I'm currently refinancing my live in home to have some cash on hand for another investment. I currently have a VA loan and doing my refi on a VA loan as well. An appraiser (that was appointed by VA loans) gave my home a really low appraisal value. In 2018 I refi'd and my home appraisal was 920k. My appraisal that came in yesterday was for 830k. Since the time between the 2018 appraisal and this appraisal I have done $40k+ in renovations. I live in hawaii and the home prices here have skyrocketed within the last year not to mention the last 3 years. Any advice on what I should do or on how should go about challenging this appraisal?

0 Votes