Russ Trimboli
Low appraisal from bank
5 days before closing on a house I rehabber I heard from the bank that it appraised 6000 lower than our agreed upon priceAre there any creative ways to ask buyers to share the difference with me so I don't have to eat...
James McNight
4-Plex - Over-Appraised??
I am curious what the impact could have of an over-appraisal on a 4-plex. Would Lenders see the 140k contract price and not require a down payment due to all the pre-established equity in the property at time of purch...
Joshua Corbo
Help with appraisal issues
Hey BP'ers! I found a really unique situation for all you appraiser out on this forum. I'm looking at a multi structure property for my first owner occupy rental. It's zoned as a 3 family house and cannot be broken up...
Christian Chevier
Refinancing- increasing appraisal value
I am attempting to increase my homes value 5% in order to refinance to remove the PMI. If I can prove 12 months of rental income from my basement tenant, is it likely that will increase the value during the appraisal?...
Kapil Kandel
Appraisal lower than expected
Hello,
I just joined BP and would like to get your input on a deal my family is working on -
My family is interested in purchasing a commercial property which has a small convenience store (gas station), saloon, to ...
Joe Bruck
Apartment bldg refinance appraisal
Is it possible to do a chasout refinance on a 10-20 unit apartment bldg by only increasing stable tenant occupancy.To rephrase my question will lenders consider tenant occupancy as added value to the property?
Wesley Robirds
Appraisal vs list price
So I'm in process of figuring out financing on a 4 plex property in my town but I'm trying to figure out being that there s will be my first deal if it goes threw and I'm just all around new to this the list price is ...
Adonis Yancey
Property Appraiser Website Question
So I'm looking into a duplex that I'm interested in purchasing so therefore I check my county's appraisers site to get some information to help in my evaluation. I had a few questions about what I saw on the site conc...
Cody W.
Appraisal versus agreement price
So I have a private sale contract on a SFH. For this example I will use the agreement price of $100K. I'm financing the property so my bank requires an appraisal. The seller and his wife will also require an apprai...
Chris Hopper
Appraiser needed in NC
Anyone have a good appraiser in Asheville NC area? Have 6 cabins (all on same lot) needing appraisal on in Cherokee.