There are lenders that do not require log cabin to log cabln comparable sales to provide financing. There may me a hit to the rate. Give Rick Blever at Southland Homes (described previosly as just off I-85) a call at 336-449-5388. Please use my name. Good luck!

Hi Shannon,

I would love to own a log cabin myself, and aspire to one day. But as you are finding they are so unique it is difficult to find comps. I found three for Guilford county that sold this year. But they are so vastly different, I can't imagine more than 1 of 3 would possibly be considered a valid comp if any them would work. Feel free to call me for the info though, 336-812-8128.

I would also suggest speaking to log cabin builders. There is one just off of I-85 heading toward Burlington. There is another close to Mebane, again off I-85. The latter is Kuhn Brothers or something to that effect. Either of the two may be able to assist you with comps.

It may be possible for your lender to allow for exceptions for distance and/or property type for a hard to match property. Just another possibility for you to consider. Good luck, I really hope you can make this work!

Shannon,
A licensed appraiser can pull what comps there are. I know of a few in the area but are they really comps? To know that we would have to have the specifics of your new home. My sister owns a log home and they are great. Was the home you buying a kit or was it built. I am in Greensboro it I can help just let me know. It is just unsure of what you are looking for? Traditionally the bank hires the appraiser. Are you saying that the appraiser is having a hard time finding comps?

Hope this helps

Who built your new home? Can they provide other addresses where they have built similar homes? That information should be very helpful for an appraiser. Your builder might also know the names of appraisers who were involved in the sales of some of their previous homes. You might also wish to interview appraisers beforehand to inquire about their familiarity with homes like yours.

Where is your home located in Greensboro? Is your log home built in a community where the other homes are only more standard frame built homes, or is it located in a more private and hopefully woodsy area where it can more easily be considered on an equal standing with other homes in the area? Can you provide the building specifications of the home that verify the insulation factor, square footage and useable and functional floor plan features for the appraiser? You and your builder might have to help "educate" the appraiser. We were familiar with quite a number of log homes where we used to live in Michigan. They were typically built on at least an acre of wooded land and fit their surroundings quite nicely. They were very warm and cozy as I recall. Good luck to you.