buying a home in albuquerque: Appraisals in real estate and all that fun - 08/19/09 02:01 AM
Amazing how different each appraisal "issue" is turning out to be.
In one instance, for instance, yesterday had an appraisal done on a 2 bedroom property, unique for the area.  Appraiser saw the subject property at 11:00, and the appraisal was finished and delivered back to lender, meeting purchase price, at 4:30 p.m.  No issues, no problems.
Then we had an appraisal done for a VA loan - appraiser required carpet/paint be installed before closing as a condition of the appraisal which came in 26K lower than the purchase price.  The bank owned property, of course, is not allowing for any … (2 comments)

 
Linda DeVlieg, Albuquerque Real Estate (Keller Williams Realty)

Linda DeVlieg

Albuquerque Real Estate

Albuquerque, NM

More about me…

Keller Williams Realty

Address: 6703 Academy NE, Albuquerque, NM, 87109

Office: (505) 440-7200

Mobile: (505) 750-7549

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