Episode 100
Mortgage Minute - Let's Talk About Appraisals for a Minute
Financial Residency · Doug Crouse
April 16, 20244m 9s
Audio is streamed directly from the publisher (pdst.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Appraisals are completed by an independent third-party provider so neither your realtor nor loan officer have any input over the value.
They typically take 5-7 days once ordered by the bank, but Doug recommends putting in a 10 day appraisal contingency when writing your contract to purchase your home. You can only use comparable houses (comps) for those that closed before your home was inspected.
You can reach Doug at [email protected] or go to www.DougCrouse.com.