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Private Lending & Conventional Mortgage Advice

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Joshua Zdunich
  • San Diego
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18
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Refinance Appraisal Question

Joshua Zdunich
  • San Diego
Posted May 31 2022, 09:02

Hello,

I closed on a cash purchase on 5/25 in La Jolla CA. I already have my refinance lined up and ready to go but I might have made a mistake with the appraisal and this is where I need help. So this property is going to be a complete gut remodel, with an ADU addition. After closing I was really excited and wanted some answers about the existing build so I opened up(tore out drywall) on two closets and a hallway. This is all before the refinance appraisal <----- I know, rookie move. So to all the appraisers out there, Is it ok to have those studs showing or do I need to drywall what I opened up? The house is a 5bd, 3.5ba, 2400sqft, 3 story, the demo was in the bottom floor.

Thanks in advance for all the help, my appraisal is scheduled on Friday.  

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