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How long to hear back about appraisal?

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LDrinkh20
LIF Adult

Member since 9/09

1820 total posts

Name:
Lauren

How long to hear back about appraisal?

We had the appraisal on the house we are buying done on Wednesday and haven't heard anything. The waiting is killing me. How long does it usually take?

Thanks!

Posted 11/22/10 6:09 PM
 
Prudential Douglas Elliman Real Estate
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jlm2008
LIF Adult

Member since 1/10

5092 total posts

Name:

Re: How long to hear back about appraisal?

Posted by LDrinkh20

We had the appraisal on the house we are buying done on Wednesday and haven't heard anything. The waiting is killing me. How long does it usually take?

Thanks!


Hi Lauren, I used to work for an appraisal company years ago. For a single family house, it should be about a week turnaround time. All depends of course, but if you don't hear by this Wednesday, you should after Thanksgiving.

Posted 11/22/10 8:56 PM
 

SummerMom
Now a mom of 2!

Member since 6/07

4970 total posts

Name:

Re: How long to hear back about appraisal?

After we had our appraisal, it came back just fine so the bank didn't rush to call us and tell us. We didn't find out until 2 days after the appraisal came in to the bank! We were so unnecessarily nervous for those 2 days.

Posted 11/22/10 9:11 PM
 

CupcakeLady
LIF Toddler

Member since 10/10

423 total posts

Name:

Re: How long to hear back about appraisal?

Ours came back about 5 business days later (with a weekend thrown in). We're trying to close now and I feel like everything is running in slow motion with Thanksgiving being days away :(

Posted 11/23/10 2:40 AM
 

ave1024
I Took The Wrong Road

Member since 12/07

6153 total posts

Name:
That Led To The Wrong Tendencies

Re: How long to hear back about appraisal?

3-5 business days i'd say

Posted 11/23/10 11:22 AM
 
 

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