Michael Higgins
Need advice - appraiser under appraised rent for duplex by 50%
Background. Using a hard money lender to buy a duplex in smaller town in GA. Close date is one week away. The appraiser used very strict criteria including less than 3 mi radius, only duplex’s, neighborhood features...
Lin Ding
Advise Needed ☺ Loan from under-appraised to over-appraised
Hi BP community,
Let me describe this long story short. So this
house I'm buying is a 2-unit small multifamily which I plan on house
hacking. It was listed for $850K, and we agreed to $835K purchase during
atto...
Boe Bishop
Question about appraisals and how to get an accurate appraisal.
I own a few properties and everyone I get what I would call a "fake" appraisal. If I see that comps in the area on a duplex are running around 180k and that is the asking price. I make an offer of let's say 130k youd ...
Desilva Pllus
can I behold from appraisal contingencies due appraiser goof up
we started negotiating 5k more than listing price (LP) and with number swinging agreed to buy the house with 30k more than listing price. We went in contract with 10 days of appraisal contingency. First two days wer...
Allie Dattilio
HELOC Appraisal — where do they get values for virtual appraisal?
In the process of applying for HELOC, bank uses a virtual appraisal. We can then pay for a full walk through appraisal if we’re not satisfied.But looking to understand what values/comps they use for a virtual appraisa...
Robert M.
Drive by appraisals versus Full Appraisal in tenant occupied properties?
I am interested in everyones thoughts on getting the highest appraisal in tenant occupied properties. I am pulling some equity out to grow my portfolio with a community bank. I think they are flexible and would allo...
