I had an appraisal done with my home and it was for a bank. It didnt work out and I have another bank that has a good rate and accepted me on my appraisal quote from the other bank. The problem is; my appraisal was done 2 weeks ago and was using a high comp [...]
We Are Considering Putting An Addition On Our Home. Can You Get A Loan Greater Than Your Homes Appraisal Valu
Author: Rob // Category: Q&Awe have about $18,000 in available equity. The addition is likely to exceed that amount. Do you know if a mortgage company will lend you more than your home is appraised at for an addition since the value of the home will increase when the addition is complete?
I Am Looking For A Few Tips, Free Or Very Low Cost To Increase The Value Of My Home At An Appraisal.?
Author: Rob // Category: Q&AI would like to do anything I can within the next week to make my home value the most it can without putting a bunch of money into it.
We are constructing a new house. Community is relatively new. In this community few houses have be depreciated this year. Is it possible that when we appraise our home, after construction is complete, the appraised value can be lower than the combined land cost and building cost ? In this case can we back out [...]
What Comes First A Home Inspection Or A Home Appraisal When Buying A Home??
Author: Rob // Category: Q&AI am buying a house and my mortgage broker told me that he ordered an appraisal on the property before i got my inspection(that turned out to show water damage).Is this right?It just seems to me the you would want to find out if the property is ok before ordering an appraisal.Oh and yes i [...]
I live in CA. I am refinancing and have had the home appraised. The appraiser used two “distressed proeprty” sales, IE short sales, in coming up with the value for the appraisal. As a result the loan to value ratio is not at 80%, and the interest rate is subsequently higher. It has always [...]
When looking at property records, it seems that most houses have a much lower assessed value than what the home actually appraised and sold for. Why is this?
For instance: A home is appraised for $100,000, yet the county’s assessment of the property is only $69,000.
We live in a 3-bedroom, 1 bath home. The garage was converted to create the 3rd bedroom. There is currently a concrete driveway graded to an incline, but it has an odd bump in it that makes parking on it nearly impossible for most cars.
If we had the driveway repaved to a flat surface, would [...]
I am looking into getting an appraisal and would like to what what to consentrate on before the apprasier gets to my house.
I recently bought a townhouse as-is and it appraised for $110. When I’m done painting and replacing all the flooring, the entry way tile and fireplace tile and some of the light fixtures, do you think the appraisal value will increase?