Updated over 4 years ago on . Most recent reply
Lender doesnt find appraiser
Today 03-17-21.
I am purchasing a fourplex. I am closing on April 19, however the appraisal is pending. Lender is saying that doesn't find a certified appraiser. Lender says something like this ***We have been declined 12 times due to high demand of appraiser services. Being this property a multifamily is more difficult find someone for the appraisal***
Lender does not promise anything. Just that if they find someone they will let me know.
My credit is great and I am putting the 25 percent down they are requesting.
Have anyone have had a similar situation. Something like this. Or might be that lender is lying.