Tobey Porter
Low Appraisal
Good morning BP communityWe've run into a situation with a purchase. The appraisal came in low. The seller said he will come down to that appraisal price but will no longer cover his agreed upon portion of the closi...
Zach Melson
Appraised Value
Hi everyone, Just a quick question- I am using a commercial analysis for a property that is a fourplex, however my numbers do not come anywhere near what the asking price is or what the seller is willing to settle for...
Charles A.
Annoying appraisal
How should one proceed when an appraiser clearly under appraises a refy property?I need the cash out for another investment deal but now the silly appraiser threatens all that!
Angelo Wong
Low Appraisal
Hi,I recently purchased an investment property out at Memphis, TN last month - 4/2.5, nice schools, low crime, etc. and the appraisal came in at $140K. Comps with better condition around the area was $155K (so -15K f...
Mike Saidi
Appraisal Values
In Houston, Texas sale price for every house in market is about 30% over the appraisal value. Is it still good idea to buy rental property? and If it is should you estimate that the house future value will be raised b...
Aaron Reynolds
Refi appraisal
I am in the process of doing a cash out refinancing on a house that I have completely renovated. I'm hoping to pull out enough cash to payback loans that were used for purchase and construction so need as high of valu...
Bill Katsaros
Appraisal packet
I currently have a contract to sell a property I rehabbed. It will be the highest sale in the neighborhood.
I've been told to deliver a "packet" to the appriser so that he knows what comps we're using and how much wo...
Charmaine M.
High Appraisal
Hi-Which is better for a buyer....a high appraisal or a low appraisal?Reason i am asking is that i just got my appraisal report back and it came in higher than the contract price. Contract price $250....Appraisal $275...
Irfan Raza
Appraisal Cost
Just trying to get a read on how much an appraisal typically costs for a construction multifamily unit. I am finalizing a construction loan on a 6 unit building in Philly which appraised for $420,000. Initially, I se...
Joe Hughes
Appraisal requirements
I have self-financed all of my rehab/flips. In an attempt to scale up the business, I looked at some Private Money options. The single biggest stumbling block I came across was the absurdly low appraisals derailing ...