buying a home in albuquerque: Appraisals in real estate and all that fun - 08/19/09 09:01 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 (Coldwell Banker Legacy)

Linda DeVlieg

Albuquerque Real Estate

Albuquerque, NM

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Coldwell Banker Legacy

Address: 10400 Academy NE Suite 100, Albuquerque, NM, 87111

Mobile: (505) 750-7549

Office: (505) 440-7200

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Things and facts and people to know, in and around Albuquerque, New Mexico. Chat, talk, share and have fun with things in and around Albuquerque. Our city is changing, growing and let's get the word out!


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