Just purchased my first house with cash. How and who do I contact for an appraisal? I'm trying to get an ARV appraisal... looking for some kind of reference point before I dump money into rehab...
Did you have an appraisal before purchasing it? Did you have an agent help? An agent should be able to recommend someone to you. You should be able to find some recommendations on here.
Hey thanks for responding... no I didn't, but the agent told me that she did. She had it listed for short sale before it eventually went into foreclosure. It's like I'm speaking another language when I asked her was it an "ARV" appraisal. So I stop asking her "investment questions"... I purchased it through auction, so I only had one day to bid. thanks again for responding ✌🏽
Ok... thanks Christopher... you are exactly right on that short sale appraisal!!! They tired to get it appraised down. I got you and ARV... I was looking for a magical measuring stick... thanks for your info!!!!
Let the appraiser know that you want a subject to completion value. You must inform and provide the appraiser with all the rehab/reno improvements that you plan to do to the property, remember the value will be the ARV after ALL rehab/reno is complete.
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