I'd also ask the 3 geographically closest small local banks to the property, as we all know, real estate is local and banking tends to follow that same path.  

It might be location specific, or it might be that the listing agent's marketing isn't up to par (poorly taken photos, or no photos at all, no description, agent didn't click the right buttons on the mls so it didn't post to all the websites, agent non responsive, there might be a registered sex offender next door, etc.)

The house boasted a full finished basement, designer finishes throughout, massive custom closets and a chefs kitchen.Renderings NumbersLocation: Berkeley Heights, New JerseyOwnership Structure: Project Specific LLCWork Description: Add A Level / AdditionFinancing: Hard Money / Private Money LenderDuration: 12 MonthsPurchase Price: $455,000Cost of Construction: $400,000Sales Price: $1,250,000Holding Costs: $100,000Selling Costs: $65,000PicturesClick here to see all the listing photos on ZillowClick here to see all the listing photos on ZillowVideosInterior Progression VideoKitchen Progression VideoVideo WalkthroughVirtual Tour I hope you enjoyed walking through this project with us and found value in the information shared herein.We'll continue to work on and improve these posts so that we may share our experiences on future projects.Please feel free to respond to this post with any  questions or feedback you might have. 

Property Description: SFH in Austin, TX; 3/2, 1200 SFBackground: My father is retiring and moving to the beach.

I made the case that instead of going back 4 years because of no comps the appraiser should increase the geographical area to include a very similar nearby community with plenty of multi family comps (which also happens to show that I am correct and at the lowest they should be valued at $210,000.)

The insurance companies look at the amount of claims in a region and base premiums on the losses in that geographic area.I'm sure repetitive claims could be an issue.Having dealt with multiple insurance companies, as a roofing contractor, I can tell you State Farm was by far the easiest to work with, and far less stringent than other companies I dealt with.

Given the pictures above and the descriptions of the work in the estimate below, is the work they're proposing necessary and reasonably priced?

Given the pictures above and the descriptions of the work in the estimate below, is the work they're proposing necessary and reasonably priced?

I AM LOOKING FOR SOME DEALS AND I READ THIS IN THE DESCRIPTION.

Just in your description above.Finish walls $1000.Is this house gutted to studs?