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Replies (15)
- Clay Branch, "Georgia Loans"
- Contributions:7366
- fsi.segall
- Contributions:15
clay,
Youn are mistaken. The appraiser pulled zillow and we did have difficulty- still tryong to get the loan!!! What younare forgetting is that appraisers are sometimes swayed bywhat isput inthe zillow price line.
Youn are mistaken. The appraiser pulled zillow and we did have difficulty- still tryong to get the loan!!! What younare forgetting is that appraisers are sometimes swayed bywhat isput inthe zillow price line.
- Tammy Stockdale, "Colorado Mtg Broker"
- Contributions:6995
An appraiser used Zillow to workup an appraisal? Are you kidding me? I'd use another appraiser.
- Andrew Adams, "203K Specialist"
- Contributions:9342
That is the quality of Appraisers we are going to have to deal with as a result of HVCC!
Any appraiser worth 1/2 his/her weight knows Zillow is useless in determining a homes value!
Any appraiser worth 1/2 his/her weight knows Zillow is useless in determining a homes value!
- Tammy Stockdale, "Colorado Mtg Broker"
- Contributions:6995
AA, I think this was before HVCC, origianl post was 4/7. Either way, unbelievable!
I think the borrower is in denial, as many are, about the true value of their property and looking for a scapegoat.
$.02
$.02
- Hamp Yonce, "Zilluminati"
- Contributions:3464
If any of this is fact, and not pure fiction. Don't pay this appraiser. Report him to his licensing board, immediately. Then sue him. He's an idiot.
- Andrew Adams, "203K Specialist"
- Contributions:9342
Tammie,
I was bashing HVCC and some of the crap appraisers that are out there and we no longer can avoid them but need to deal with them!
I was bashing HVCC and some of the crap appraisers that are out there and we no longer can avoid them but need to deal with them!
- Tammy Stockdale, "Colorado Mtg Broker"
- Contributions:6995
AA-you love to push my alphabet! LOL..
- Clay Branch, "Georgia Loans"
- Contributions:7366
fsi.segall, your original post says you put 300K into the home, now with 5 BR and 3.5Baths, over 3100 sq feet.
I have some questions for you:
How many BR and Baths did you add?
Are they below grade or above grade?
What is the additional heat and cooled square footage over the original #?
I have some questions for you:
How many BR and Baths did you add?
Are they below grade or above grade?
What is the additional heat and cooled square footage over the original #?
- SoCal_Engr
- Contributions:5380
Any appraiser who is using Zillow as part of their assessment is incompetent, you need to get a different appraiser.
At a minimum, if the appraisal has already been done, ask to see a copy of the appraisal report. You likely paid for it, so it is yours. When you get it, see what the appraiser used for comparisons - this will tell you more about why the appraisal is lower than you believe it should be.
At a minimum, if the appraisal has already been done, ask to see a copy of the appraisal report. You likely paid for it, so it is yours. When you get it, see what the appraiser used for comparisons - this will tell you more about why the appraisal is lower than you believe it should be.
Dear fsi
Your loan cannot be denied on the basis of your Zestimate value. If you truly believe that this is what's happened, please contact me with the details of the professionals involved and I will contact their supervisors and kick their butts.
Thanks!
Your loan cannot be denied on the basis of your Zestimate value. If you truly believe that this is what's happened, please contact me with the details of the professionals involved and I will contact their supervisors and kick their butts.
Thanks!
- Chip Streater, "TarheelChip"
- Contributions:4592
Zillow is not a licensed Florida appraiser. Next time you apply for a mortgage, deal with licensed professionals.
- I smell the stank
- Contributions:22
[content removed by moderator for being inappropriate]
- Clay Branch, "Georgia Loans"
- Contributions:7366
Looking at homes in Coral Gables on Zillow, I am seeing multiple properties, non-waterfront, at $250-$270 per sq foot, which would give you aprx $775K value. Are you in a subdivision that has multiple sales at a much less $$ per sq ft than that? Something does not add up. What is your address?
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