Some will do a desktop appraisal while others will do an internal appraisal, which can change the value a whole lot.

Don't pay an up front fee outside of an appraisal.

The slab was deemed safe by the appraiser and passed the inspection.

OK quick advice so I'm refinancing my duplex I've only owned it for almost one year, The real estate market is hot out here in North Idaho the home gotta appraised for 100 K more than purchase price They only give you 80% of the appraised value with a cash out refi , I was hoping for more but they're only willing to give me 17k at the closing table, It will raise my mortgage $200 monthly from 1880 to 2080 Since I'm house hacking The $1400 for rent on the other side supplements my income Which leaves me not having to pay too much to cover the paymentI've been going back-and-forth, but I really need to pay off $17000 of credit card debt It will raise my credit score significantly at least and then I'm thinking 6 more months down the road I can move it to a conventional loan or take a take advantage of FHA Program that lowers my interest rate if I have a good credit score to lower my payment right back downMy credit card bills amounts to 490 monthly( This is just the minimum payments) If I do Go through and take this to the closing table I will be saving $300 a month instantly By having to not send out 490 monthly in cc bills although my mortgage will go up $200 should I go through with it or try to plug away at the cc debt for the next year !?

We have landed financing and are stuck on the appraisal process.

Market timing was coincidently great, appraised high, been enjoying watching the equity climb steadily over the past 6+ years.

Main consequences: potentially (not always) during an appraisal process; IF municipality / county goes in and issues a violation (unlikely BUT anything could happen).

I was approached by the lender on another property to lower the interest rate to 3.31%.I got all the way to appraisal and would not accept my income type of 1099.

This estimate seems  low (510k), especially when the appraisal when I refinanced (1 year ago) was 497k.

The primary driver of how much cash you'll need is how the home appraises versus the asking price (or current highest offer + $1k).