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How long to get results from a pre-appraisal?

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carissa1643
I LOVE my sons! :)

Member since 5/09

5283 total posts

Name:
Carissa

How long to get results from a pre-appraisal?

Our pre-appraisal is this morning. I have no idea what time. When can we expect the results? I wanted to schedule the inspection as soon as I can so we can get in contract already.

Posted 1/19/12 9:32 AM
 
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evrythng4areason
And then there were 4

Member since 1/10

5224 total posts

Name:
Kayla

Re: How long to get results from a pre-appraisal?

pre-appraisal?

we had our pre-approval from the bank before we put our offer in, then had the inspector come in..

the bank's appraiser isn't coming until the beg. of next week, and we've been in contract for 3 weeks or so..

Posted 1/19/12 9:36 AM
 

carissa1643
I LOVE my sons! :)

Member since 5/09

5283 total posts

Name:
Carissa

Re: How long to get results from a pre-appraisal?

Posted by evrythng4areason

pre-appraisal?

we had our pre-approval from the bank before we put our offer in, then had the inspector come in..

the bank's appraiser isn't coming until the beg. of next week, and we've been in contract for 3 weeks or so..



I know thats how it usually works, the appraisal is after contract. We had to do a pre-appraisal first because with the seller's concession it brings our offer above the asking price which raises a red flag to the banks. We need to make sure the house appraises for the amount before we continue.

Posted 1/19/12 9:40 AM
 

evrythng4areason
And then there were 4

Member since 1/10

5224 total posts

Name:
Kayla

Re: How long to get results from a pre-appraisal?

gotcha

no clue how long it takes..we actually just talked to our lawyer and mortgage broker today and they informed us that our appraisal very well may be happening today as well

good luck!!

Posted 1/19/12 11:07 AM
 

Carolyn
.....

Member since 5/07

5351 total posts

Name:
Twin mommy

Re: How long to get results from a pre-appraisal?

IDK about a pre-appraisal but we got our appraisal back the next day after they were here.

Posted 1/19/12 11:46 AM
 

carissa1643
I LOVE my sons! :)

Member since 5/09

5283 total posts

Name:
Carissa

Re: How long to get results from a pre-appraisal?

Posted by Carolyn

IDK about a pre-appraisal but we got our appraisal back the next day after they were here.



Thanks Carolyn! Chat Icon

Posted 1/19/12 12:14 PM
 
 
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