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Updated almost 12 years ago on . Most recent reply

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198
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25
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Rick L.
  • Investor
  • Saint Louis, MO
25
Votes |
198
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Tips on getting the most out of an Appraisal

Rick L.
  • Investor
  • Saint Louis, MO
Posted

I'm currently in the beginning process of refinancing my mortgage from an FHA to a conventional on my four-family apartment. I will be scheduling an appraisal here very soon. I was wondering if you have any tips or recommendations on getting the most out of an appraisal?

Most Popular Reply

User Stats

365
Posts
75
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Charles Morgan
  • Investor
  • El Paso/Socorro, TX
75
Votes |
365
Posts
Charles Morgan
  • Investor
  • El Paso/Socorro, TX
Replied

Be there. My last two appraisals, I could not be there and got hit for stupid stuff and I had no chance to dispute it because once it's done you have no recourse against the appraiser or the appraisal.
Big example, I got hit for a firebox within 6 inches of a flammable surface, both walls and the floor around the fireplace are solid concrete!!!

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