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...
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...
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...
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...
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?
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...
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....
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.
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 ...
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...