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Apprisal fees?

Posted By Message

jellybean78
:)

Member since 8/06

13103 total posts

Name:
Mommy

Apprisal fees?

Is $400 the normal price for an appraisal fee for a coop? The bank told me $300 but I just got off the phone with the appraiser and he says $400. I've never done this before so I'm not sure. TIA!

Posted 9/7/07 3:09 PM
 
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Dani00518
Gorgeous

Member since 5/05

2730 total posts

Name:
Danielle

Re: Apprisal fees?

We paid $350 for our house appraisal

Posted 9/8/07 10:43 AM
 

leese
Sarge!

Member since 5/05

1965 total posts

Name:
Leese

Re: Apprisal fees?

I've had 275 if the bank ordered it and up to 350 elsewhere. Seems like its not too far off... but could be cheaper, in my experience.

Posted 9/8/07 3:01 PM
 

-Lisa-
---------------

Member since 5/05

6530 total posts

Name:
Lisa

Re: Apprisal fees?

I don't charge more for a co-op than for a house appraisal (unless the mgmt co charges me - see below), but it doesn't surprise me that other appraisers do. Co-op appraisals are ANNOYING, and we've often discussed raising our co-op fee.

We have to beg and plead with the co-op management company to get the required financial data we need for the appraisal and that can hold up the process for days, sometimes weeks! They often they charge a fee for that info also. If they charge, the fee is passed on to the buyer/borrower.

($350 is our standard fee)

Posted 9/8/07 11:03 PM
 

VickiC
Rocking the party

Member since 5/05

4937 total posts

Name:
Vicki

Re: Apprisal fees?

The bank charged us $225. $400 seems really high to me.

Posted 9/9/07 10:45 AM
 

greenfreak
.

Member since 9/06

11483 total posts

Name:
greenfreak

Re: Apprisal fees?

We were charged $350. which we will get back when we close.

Posted 9/9/07 1:49 PM
 

MSeid
LIF Adolescent

Member since 11/05

805 total posts

Name:

Re: Apprisal fees?

Posted by Dani00518

We paid $350 for our house appraisal



Same here

Posted 9/9/07 5:54 PM
 
 

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