Apr 13, 2021
9:48:05am
9:48:05am
Again they are trying to justify the purchase price not determine market value.
In a refinance they are trying to justify what you hope to refinance the property at and that is why they ask what you need to come in at. They are asking that to help you. If they can't justify that amount to the bank they won't, but they are not going to go over what you need it to come in at because that adds unnecessary risk to them and the bank.
Most appraisals should be done electronically and will go this way eventually.
Most appraisals should be done electronically and will go this way eventually.
Originally posted on Apr 13, 2021 at 9:48:05am
Message modified by johnnybyu on Apr 13, 2021 at 9:49:04am
Message modified by johnnybyu on Apr 13, 2021 at 10:02:02am
- Bio page
- johnnybyu
- Joined
- Jun 6, 2002
- Last login
- Apr 17, 2024
- Total posts
- 14,630 (1 FO)
Messages
Time
I don't disagree with the last part, but that's not the appraisers' fault. They have a legitimate job to do for the most
4/13/21 7:41am
4/13/21 8:00am
4/13/21 9:21am
4/13/21 8:32am
4/13/21 8:42am
4/13/21 7:46am
4/13/21 7:48am
4/13/21 8:08am
4/13/21 8:06am
4/13/21 8:07am
4/13/21 8:12am
4/13/21 9:29am
Why is the answer not just a simple computer program that does some data modeling to find a value range based on comps
4/13/21 9:40am
4/13/21 10:03am
How are competitive neighborhoods picked by an appraiser? Not sure how emotion plays into an objective valuation
4/13/21 10:44am
4/13/21 11:09am
4/13/21 9:23am
4/13/21 10:56am
4/13/21 12:39pm
4/13/21 9:37am
4/13/21 10:05am
4/13/21 12:40pm