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7 October 2021 | 28 replies
This has been the biggest feedback issue from the people who have seen the house...they want a garage.I need to payoff the Hard money lender -$500kOriginally the ARV was (appraised) $670k but its cooled and is more like $625I used the rental calculator - $2500I do not want to pay Nov. 1 mortgage with the increased interest, so if we don't have an offer by Oct. 1 I'm thinking we should rent.
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24 September 2021 | 5 replies
When you factor in property taxes of 1% the appraised price, interest rate of 3.25% for 30 years, and annual insurance of approximately $500, your PITI (principal, interest, taxes, insurance) monthly payment comes out to be approximately $2,000.
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23 September 2021 | 0 replies
Would the appraisals be different?
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3 October 2021 | 9 replies
The reports are 40-90 pages long and go through the entire house in great detail.Get an appraisal.
24 September 2021 | 2 replies
The second best is to fix it up to the point that it will survive an FHA / VA / USDA appraisal.
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24 September 2021 | 3 replies
Appraised at $307k.
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25 September 2021 | 1 reply
It appraised for $9k more than I paid for it, which made me happy.
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24 September 2021 | 5 replies
2 - Are you buying it at its appraised value, or less than it...and inheriting equity in the process?
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29 September 2021 | 4 replies
The only cost doubled would be the 2nd appraisal fee.
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25 September 2021 | 1 reply
What are your top go-to home improvements to raise appraisal value?