Wholesaler · Albany, GA · Member since 2014 · 33 posts · 15 votes
Hi,
I am trying to wholesale several deals Columbus, GA. A potential buyer of mine is needing an appraiser. Does anyone know how any appraisers in Columbus, GA who are used to working with investors?
Investor · Columbus, OH · Member since 2014 · 73 posts · 22 votes
10y
What is an investor friendly appraiser? An appraiser is a third party that is suppose to give a fair and honest opinion of market value. What do you expect this appraiser to do that any other (trained and knowledgeable) appraiser cant?
Wholesaler · Albany, GA · Member since 2014 · 33 posts · 15 votes
10y
Someone who can do an appraisal based on the projected After Market Value. The property that will be appraised is a fixer upper and he will have to take into consideration the upgrades that will be done on the property based on the scope of work.
We worked with an appraiser before where the market value submitted to the lender was based on comps which did not take the planned upgrades into consideration resulting into a much lower projected ARV.