Asked by D, Minnetonka, MN • Wed Jun 10, 2009
The appraiser goes out to the house, does the appraisal (makes sure its worth X amount of $ and that the house is in good condition) then does the appraisal goes to the underwriters or back to the sellers agent? An appraisal was done on Friday- property that needs a lot of work (will probably need a 203K) but the underwriters haven't said whats going on and the agent won't reply. Whats up? Who has this appraisal? What is the next step? I am so frustrated!
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