---

Appraiser to enter property while appraising it

Author	Message
	Add to del.icio.us Add to YahooMyWeb Add to Simpy Add to BlinkList
Jacquiline Guest	Posted: Sat May 22, 2010 4:19 am    Post subject: Appraiser to enter property while appraising it Like 0 Dislike 0 Hi there… I've 2 queries regarding the appraisal of my properties. I've two properties. One of them is my old home whereas the other one is a new purchase. I appraised both the properties. But I was surprised to find that the appraiser did not enter my old home when he appraised it. As far as the second home is concerned, I'm not sure whether or not the lender entered into it. Also, I would like to know whether the appraiser wants to check out the purchase price of the property when he appraises it. _________________ Need help choosing the right loan? Get free consultation from community lenders/consultant
apexoffice Moderator Joined: 09 Jul 2008 Posts: 193 Location: Atlanta, GA 56.04 Dollars($)	Posted: Sun May 23, 2010 8:27 pm    Post subject: Like 0 Dislike 0 Hey Jacquiline, First of all, there are several types of appraisals with different levels of inspection. In some cases, a "drive-by" inspection is all that is needed. I don't see too many orders for these appraisal types compared to years past, but it is possible they are still being done especially for equity lines of credit. As far as the appraiser knowing the purchase price, I am sure the appraiser probably already knows since it is a requirement that the lender provide the sales contract. Hope this helps. _________________ Benjamin Smith Atlanta Area Appraiser

Quick Reply
Your Name
Subject
Image Verification	Enter the code above here : Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours

Page 1 of 1

---

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0