Dave gives excellent advice.
And, you can take it one step further.
If the appraiser you want is not on your Lender's list, it is often a
very simple procedure to have you choice added to the Lender's list.
In most cases, the Lender needs documentation that the Appraiser has
a current license
adequate E&O insurance
no bad history with the Lender
Most appraisers are happy to supply documents to be added to a list.
They may get your job AND become eligible for other appraisals through
your lender.
Just yesterday, a neighbor called, after they hit a refi hurdle.
Their bank hired an out of area appraiser who put a value of $150,000 on
a home east of 44th.
A better estimate of value would have been more than double that
appraiser's guess.
Most Realtors will provide a "Free Comparable Market Analysis" (aka CMA).
But this is usually not considered acceptable for lending purposes.
It might be a good check and balance in for the purpose of planning.
We all know that luck favors the prepared.
All the best!
Liz
On Thu, 28 Jun 2007 10:14:17 -0400 Dave Axler <[EMAIL PROTECTED]> writes:
> You may want to begin by asking your intended lender if they have a
> list of recommended or preferred appraisers.
>
>
> On Wed, 27 Jun 2007 19:15:45 -0400 "Lowell Lysinger"
> <[EMAIL PROTECTED]> writes:
> > Hello,
> >
> > Does anyone have a home appraiser in Philadelphia that they would
> > recommend?
> >
> > The last time I had my house appraised for a refinance I think
> the
> > guy
> > did a sloppy job. Looking back I discovered that the included
> > sketch
> > and some other details about my home were from another home in
> the
> > neighborhood.
> >
> > Any help would be appreciated.
> >
> > Thanks,
> >
> > Lowell
> > ----
I have had many good experiences with both of:
Steve Phillips
610-642-8870
Jay Miller
215-757-1664
An Appraisal will run about $300.
Both meet state certification.
Both are able to appraise for the FHA, VA in addition to Conventional
documentation.
Both arrive as scheduled and both quickly produce the finished report.
There are other good appraisers, but these are the two in my PDA.
I have had also seen satisfactory appraisals from Paul's suggestion
Bob Ludwig
564-6854.
Best!
Liz
Elizabeth Campion Cell Phone: 215-880-2930
215-546-0550 Main, -546-9871 fax, Desk + VM: 215-790-5653
PRUDENTIAL, FOX & ROACH REALTORS, LLC
Please read Consumer Notice & enjoy "HOME PILOT" tools at
www.PruFoxRoach.com
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