Results 1 to 15 of 15
Threaded View
-
07-05-2022, 05:48 PM #9
- Join Date
- Feb 2017
- Posts
- 3,386
Appraisals are NOT taking 6 weeks. In the past 3 months I've done 4 SFH/2-units, and between scheduling with the tenants that took the most time, it took about a week or so to get in, and the appraiser took not more than 7 days to get back the appraisal report. 3 weeks process start to finish. Then we took another 2.5 weeks to close, but that wasn't my fault, it could have closed easily within 10 days had I prepared for the appraisal to come in at $125,000 (when in January when we tried TWICE it came in at $71,000).
Similar Threads
-
Residential Ground Up Construction
By mrwealthandsuccess in forum All Other LendingReplies: 3Last Post: 12-16-2020, 04:24 AM -
11 Unit Apt/Townhouse New Construction Lender
By Alex Trigg in forum Deal BinReplies: 4Last Post: 11-19-2020, 07:58 PM -
Residential Construction, Low TIB
By aak723 in forum Deal BinReplies: 6Last Post: 01-28-2020, 03:21 PM -
Residential Construction
By therosefunder in forum Deal BinReplies: 7Last Post: 07-24-2019, 07:43 PM -
Construction AR for Residential Plumber
By CFObyDesign in forum All Other LendingReplies: 1Last Post: 05-09-2017, 05:12 PM