Good afternoon BiggerPockets!I am currently looking at a deal in Houston, TX that only cash flows if the property taxes stay where they are today or only go up slightly. The current tax appraisal is at $110k and the A...
What is the difference?I evaluate properties for what they could potentially sell for all the time. Its part of my job. What do appraisers do that is any different?
Any insights on appraisers who can quickly appraise 5 units (1 4 unit and a single family) in Maine? I am hearing 12 weeks lead time and I would appreciate contact information who can turn around an appraisal more qu...
Im getting an investment loan where the appraised rent amount must met or exceed the mortgage payment. Long story short the first appraiser the lender used was horrible and gave a horrible appraisal amount of 30% l...
I am purchasing a rental property with some equity in it. Can I use the appraisal being done by the bank to qualify for a HELOC?
Is there some sort of Appraiser shortage in Portland, Molalla OR area. My kids are waiting for a month to get an appraisal for their loan, is this common for the area ? Do we have to use their appraiser, can we get ...
Hi gys -This time I went for loan - I was told the Debt to Income ration has to be under 49%. Its Fannie Mae.Debt is difference between projected Payment - and projected Rent. Only 75% of Rent can be used.The question...
I'm going through the closing process and my mortgage agent is giving me a quote of $750 for the appraisal. The house is 1000 sq ft on an 1/2 acre. Its priced a $102k. Does this appraisal fee seem high. If so what ar...
Are QuadPlex properties appraised with comp sales like a single family or a duplex would be, or is it appraised using cap rates like apartment complexes are?