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Garrick's Blog

By Garrick | Mortgage Broker
or Lender in Alameda, CA
  • Appraisals in the Year 2010!

    Posted Under: Property Q&A in Oakland  |  January 22, 2010 6:11 PM  |  595 views  |  No comments
    I realized after one of my recent blogs - THESE REAL ESTATE AGENTS ARE NUCKING FUTS, that not many agents or sellers or buyers know what a lender asks from an appraiser.  Its easy to point the finger at the appraiser and call him an idiot but I have found that when we do have a low appraisal many of the comps I get from agents don't qualify as they are too new, too far away, etc.

    So I asked lenders for guidelines and reviewed with a couple appraisers and made this...ENJOY!

 
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