Geoff Bishop
How to find the Most Recent Appraisal
Hi.Is there a way to obtain (buy) access to the most recent Appraisal which was done on a property?Do any states require appraisals to be recorded when performed?And are actual appraisals done for tax assessment purpo...
Scott Szurek
Appraisal Valuation so Close to the Selling Price
Why do appraisals required by lenders for properties purchased with conventional mortgages always - a very high percentage - get valued at a ridiculously close number to the final selling price?There is no way apprais...
Hady Farag
Home purchase severely under appraised ... Advise?
Hello BP,
First time home buyer here and need some insight/advise on my current situation. I'm currently under contact on a MFH for $650,000 and had an appraisal come back at $475k, approximately $175k under that pri...
Lin Ding
Please help advise ☺ 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 attorney rev...
Basit Siddiqi
Appraisal came below Purchase Price - What Should I do?
Hello Everyone,I hope this is the correct forum for me to submit this. My apologies if it is not.I put in an offer in a row-home in Allentown, PA.Seller's original asking price was $50,000 and we agreed to $47,000 wit...
Michael Stole
Appraisal comes in at exactly the purchase price
I though I got a great deal on this one according to comp analysis, but the appraisal just came in at exactly the sale price.
I will see the appraisal tomorrow. Eager to see how the appraiser justify his numb...
Account Closed
Appraisal came back with 10% different SQFT than listing
Hi,I'm buying a single family house. Listed as 1,566 SQFT. The appraisal came back as 1,419 SQFT (147 SQFT difference). That's almost 10% and I think it's not negligible. Need advice and tips on what I should do next?...
David Friedman
2nd Appraisal on FHA Loan Came in Higher!
Hello BP,The situation: I purchased a house, rehabbed it and had it under contract (In escrow) to another buyer within less than 90 days. So according to HUD guidelines, two appraisals must be completed on the house. ...
Jordan Moorhead
Appraiser
Has anyone taken the licensed appraiser exams and used it in real estate investing to help get an edge?
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...