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jellybean78
:)
Member since 8/06 13103 total posts
Name: Mommy
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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!
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Posted 9/7/07 3:09 PM |
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Long Island's Largest Bridal Resource | Prudential Douglas Elliman Real Estate |
Dani00518
Gorgeous

Member since 5/05 2730 total posts
Name: Danielle
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Re: Apprisal fees?
We paid $350 for our house appraisal
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Posted 9/8/07 10:43 AM |
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leese
Sarge!

Member since 5/05 1965 total posts
Name: Leese
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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.
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Posted 9/8/07 3:01 PM |
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-Lisa-
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Member since 5/05 6530 total posts
Name: Lisa
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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)
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Posted 9/8/07 11:03 PM |
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VickiC
Rocking the party

Member since 5/05 4937 total posts
Name: Vicki
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Re: Apprisal fees?
The bank charged us $225. $400 seems really high to me.
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Posted 9/9/07 10:45 AM |
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greenfreak
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Member since 9/06 11483 total posts
Name: greenfreak
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Re: Apprisal fees?
We were charged $350. which we will get back when we close.
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Posted 9/9/07 1:49 PM |
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MSeid
LIF Adolescent
Member since 11/05 805 total posts
Name:
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Re: Apprisal fees?
Posted by Dani00518
We paid $350 for our house appraisal
Same here
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Posted 9/9/07 5:54 PM |
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