Updated almost 3 years ago on . Most recent reply
Property Valuations, are they treated the same as appraisals?
Hi everyone!
I'm pretty new to real estate investing and have a couple questions based off your experience!
I just received my bi-annual property valuation, and it reflects quite a bit of appreciation over the last 2 years.
Does this reflect the estimated value of the building/structure AND the land, or just the building/structure?
Would I be able to take this to my lender and treat it as an appraisal, and then cash out refinance?
Thanks in advance!