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Is there any way to get a rough Idea of what a house will appraise for without paying for an appraisal? If I think the home will appraise high enough, I will higher an appraiser. I just don't want to pay $300+ and t...
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I am in the process of closing on a house, closing date is 2 weeks from now. However, the appraisal the lender ordered came back $17k lower than the asking price. At this point what is the most logic next step? I don’...
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Hello, I'm trying to buy my first home to live in and the market is pretty hot right now in Newark. I was interested in a particular property, but I don't think its worth the cost of what they are selling it for aft...
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My wife and I applied for a 200k heloc loan at a local credit union. Our house(new townhome 2021) on redfin was valued at 1.08M when I applied and the outstanding mortgage was about 682k. With this valuation I was sur...
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Hi all,I am working on a turnkey in Kansas City, MO and the appraisal (ordered by me through company referred by Lender) returned an appraisal that was $21k below the contract price ($162k ->$141k). The seller the...
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Hello!I'm buying a rental property in Memphis and it is a turn-key property. The purchase price is higher than the appraised value. Is there a lender who will lend me 75% of the purchase price and not give me a loan b...
If my house does not appraise at the listed price, but rather somewhat below, what are my options?
To clarify somewhat, a buyer's agent said I would then have to sell at or below the appraised amount.
doesn't the app...
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Hey everyone,
So from my understanding of how a detached ADU is appraised, is by comparing similar properties with detached ADUs that have recently sold in the area, but there aren't much homes with detached ADUs to ...
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I have a property that I am rehabbing and I am considering putting in Baseboard Electric Heat as opposed to HVAC for cost cutting but I am hesitant because I have a feeling I will receive a substantially l...
I'm currently looking at a house on the HUD home store website. I would move into the house so I have priority in the bidding process. The market down here in Virginia Beach is very hot and the house I'm looking at is...