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Appraisal

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Icon Mini Profile annyb27





Joined: 07 Jul 2009

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Post Posted: Tue Dec 15, 2009 10:46 am    Post subject: Appraisal
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Can a mortgage co charge you two times for a visit by appraiser if they say in 1st appraisal that work needs to be done on home you are considering purchasing?
Icon Mini Profile jenkin7
jenkin7




Joined: 04 Jun 2007

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Location: Hawaii
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Post Posted: Thu Dec 17, 2009 11:54 pm    Post subject:
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Hi annyb,

The mortgage company can charge you twice if the apprasier visits the property two times. The appraiser generally does a primary inspection on the property on the first visit. In case there are some repairs to be done on the property, he visits for a second time to check if the repairs have been done satisfactorily.
Icon Mini Profile ronb009





Joined: 17 Dec 2009

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Post Posted: Sat Dec 19, 2009 3:16 am    Post subject:
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Generally mortgage company changes appriser to property. Apprisaer prepare initial as per property condition. The inspection decides those things. some times with some discripancies are there then appriser will review and do the final inspection.
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