All Forum Posts by: Jim P.

Thanks guys!

That helps immensely.

Another example of how awesome and helpful people here at BP are.

thanks again,

Jimmy

Mods- I'm not sure where this post should go. Please move it to where ever it needs to be. ====basically its questions regarding minimum criteria needed for a completed appraisal.

All,

I'm in the process of offering on an upstairs/downstairs duplex with sfh. House is currently rented, upstairs also occupied. BUT, one unit needs a small amount of work(carpet was ripped out- hardwood needs sanded/finished), new paint, etc... Not a lot of work(unit is not trashed)--- it just looks bad.

I'm new to this- I don't know what is "appraisable" and not. I'm trying to avoid paying for an appraisal I can't use. Aren't necessarily looking for a million-gajillion dollar appraisal, just a completed appraisal to make my lender happy.

Any thoughts? Also- is there somewhere I can find the guidelines for appraisals? My internet and BP searches aren't turning up anything that covers this specific dilemma.

-Is this something that I may have to do a construction loan or something similar? Still learning about those forms of financing...

-also, I have a general email out to an appraiser==== posting here to get more input while waiting for a response...

thanks,

Jimmy

Thanks everyone!

Searching google and BiggerPockets gave some info on this--- but its great to hear specific advice from the experts here...

Thanks!

Jimmy

Hello all,

I'm about to submit an offer on a duplex in Montana (I live in Boise Idaho). Anyway, I just received all the offer paperwork for me to initial/sign. I saw that my buying agent and the listing agent work for the same realty, and are both listed as "dual agents" on my paperwork.

I've researched quite a bit (and feel mostly ok about this)--- but am asking you pro's. Is there anything i should worry about? Is this the same as a different listing agent/buying agent (and must keep confidentiality)--- except they work at the same place?

anything i should be worried about?

thanks!

Jimmy

Not trying to derail this thread....

Thanks to the very helpful experienced veterans here on this thread... As a newbie myself(I should close on my first duplex in two weeks)- it is amazing how helpful everyone at BP is. I learned many unknown things just in the five minutes of reading this thread... thanks guys!