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Hello all, I am curious how exactly banks will appraise a multi unit commercial property. Its a 6 unit building so I know they will value it based of vacancy rate and rental income correct? Is there an exact formul...
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i bought a house in dec... and i did 15k in renovation.. i did not use licensed contractors.. they are too expensive i used my family members to do it.. i am trying to get it refinance and appraised at 100k more
1. w...
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I had my personal home appraised a while back, and felt that the appraisal was unfair due to the comps used. Upon reciening the appraisal I went to the App.'s office and raised hell and explained my case.
Several day...
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Today my lender sent me an email asking for the purchase agreement on a new duplex. He said that the appraiser has asked for this document in order to complete the appraisal. Is this standard practice? I see no reason...
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Hello All,I have a 4 unit property under contract, but the comps are all over the place. Does anyone know where I could get mini-appraisals in Philadelphia?
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Hi,I am in the process of purchasing a house that has been damaged by lightening and need additional major repairs. Is it a good idea to get it appraised and inspected before all is finalized? RA suggested it might be...
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A few years ago I bought a foreclosure and rehabbed it. A year ago one of my daughters friends got engaged and offered me above market price for it. The catch was they wouldn't qualify for a mortgage until this month....
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Looking for an ARV Appraisal Specialist in the Charleston, SC area. If anyone knows any people that can do an ARV appraisal feel free to contact me.
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After finally getting my first short sale(buy and hold) in escrow, the appraisal result came back. Need some advise from fellow BP members:- Appraiser did not include the permitted partial garage conversion. Based on ...
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Do any of the investors from Memphis have good referrals for appraisers? I am buying a house cash out there, but still would like an appraiser to give me a fair market value estimate of the property. Any help is appre...