Benutzer19
2022-03-16 11:05:59
- #1
Hi!
Is it normal, or why does a bank send an appraiser for an interior and exterior assessment?
Basically, the appraiser can only come up with a higher property value than the 600k I stated, because I was already rather cautious with 600k for comparable properties here in town. And we only want about one-third of this amount, so far from a loan-to-value of 50%.
That's why I keep wondering what should seem implausible to the bank? According to the standard land value, the plot alone is worth significantly more...
If interest rates hadn't risen so much since the application, I would be much more relaxed...
Is it normal, or why does a bank send an appraiser for an interior and exterior assessment?
Basically, the appraiser can only come up with a higher property value than the 600k I stated, because I was already rather cautious with 600k for comparable properties here in town. And we only want about one-third of this amount, so far from a loan-to-value of 50%.
That's why I keep wondering what should seem implausible to the bank? According to the standard land value, the plot alone is worth significantly more...
If interest rates hadn't risen so much since the application, I would be much more relaxed...