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Updated over 7 years ago on . Most recent reply

John Terwilleger's profile image
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John Terwilleger
  • from Chicago, Illinois
  • Member since Sep 26, 2017
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John Terwilleger's profile image
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John Terwilleger
  • from Chicago, Illinois
  • Member since Sep 26, 2017
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John Terwilleger
  • Chicago, IL
2
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10
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General Landlording & Rental Properties

Appraisal Valuation Metrics

John Terwilleger
  • Chicago, IL
Posted

Hello,

When a bank is doing an appraisal to refinance a property what are some of the major metrics they look for?  Also what are some small/inexpensive things you can do to bump up the appraisal a little?

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Dorothy Butala's profile image
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Dorothy Butala
  • Rental Property Investor
  • from Erie, PA
  • Member since Jul 9, 2016
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Dorothy Butala
  • Rental Property Investor
  • from Erie, PA
  • Member since Jul 9, 2016
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Dorothy Butala
  • Rental Property Investor
  • Erie, PA
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Dorothy Butala
  • Rental Property Investor
  • Erie, PA
Replied

Is the property being financed with a conventional loan or a commercial loan?  What size is the property (units)?  Is it a residential or commercial property?

  • Dorothy Butala
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