im currently in the process of removing or trying to remove PMI and I'm doing this by requesting a new appraisal on my home with my lender. I just recently thought of this since literally in my neighborhood my exact h...
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I purchased a home for around 40k and put 50 into it for rehab so I'm into it for 90k. It has been over 9 months since I closed on the house so it has had its seasoning period. Appraisal came back at 59k so my plan t...
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I’m looking into buying a single family residence and building a second unit as a duplex or ADU, but my lender and other posts online say that is very difficult to get a correct appraisal done for a 2 unit home. In so...
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Hey BP! I am just about finished with my first flip. We made SO many mistakes (budget blown, took way too long), but the end result is a beautiful house in an up and coming neighborhood in New Jersey. We have a buyer ...
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I had a question regarding getting a FHA 203K rehab loan the property I am wanting to purchase was built around 1945 ( there is no Lead Paint ) as far as I can tell This is a distressed property , and needs around $2...
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Just listed my house and listed it for $140,000. Going into it i was worried it may not appraise for that so I listed it a little high. I have an offer on the table for 145,000 contingent on the appraisal. How can ...
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I looked at a loan request today. I know the area very well in Philadelphia, without seeing anything my first thought was the property was worth 350k or so. The appraisal came in at 640k, the comps they used were out ...
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I applied for a mortgage with Bank of America about 5 weeks ago. I'm supposed to close on this 2 family on 3/27. I've been bugging them for the past week because they haven't had the appraisal done yet. Finally tod...
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I wrote an article for the BP Blog asking a question about real estate appraisers and what role they are playing in holding down real estate values: http://www.biggerpockets.com/renewsblog/2012/07/18/are-appraisers-pa...
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Hi All, Going through a cash out refinance for my primary property, I'd like to understand the pros and cons of the different appraisal approaches and how it can impact the appraisal of my property. I did a renovation...