Profile picture for lmreid

Is there a difference between an appraisal for refi and one for selling?

  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
March 06 2010 - Castro-Upper Market
We think we've answered this question for you!
  • Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.
 
 

Answers (3)

 No, there is no difference. It is an opinion of current market value based on recent sales. 
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
March 06 2010
No, the purpose of the transaction should not make any difference at all.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
March 06 2010
Profile picture for sellingmyhometoday
No not technically.  The documents are the very same.  The thing that makes the difference is each appraisers opinion which gets worked into every appraisal.  They have their hard numbers to work with which can be very limiting unless you live in a cookie cutter neighborhood (no offense to anyone out there who does--better for you in the appraisal typically) but if they're a city slicker and they don't like the country and your house is IN the country off a gravel road, guess what?  The valuation WILL be lower, no doubt.  But IF you get a local (to your county) appraiser, typically the valuation will be higher because they know the area better, will allow for other comps that a slicker wouldn't, and understand the value of your property better.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
March 06 2010
 
Related Questions
Is there a difference between an appraisal for refi and one for selling?
Profile picture for carlos vasquez
Latest answer by carlos vasquez
March 06 2010 | 3 answers
  • Asked by lmreid
  • In Pricing
  • March 06 2010
Be A Good Neighbor

Zillow Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy.

Homes for Sale
  1. 320 Roosevelt Way, San Francisco, CA Home For Sale
    320 Roosevelt Way, San Francisco, CA 94114

     For Sale: $1,995,000

    • Beds: 3
    • Sqft: 1665
    • Baths: 2.0
    • Lot: 4787
  2. 261 Dorland St, San Francisco, CA Home For Sale
    261 Dorland St, San Francisco, CA 94114

     For Sale: $2,295,000

    • Beds: 3
    • Sqft: 2298
    • Baths: 3.5
    • Lot: 4242
  3. 3828A 19th St, San Francisco, CA Home For Sale
    3828A 19th St, San Francisco, CA 94114

     For Sale: $1,095,000

    • Beds: 2
    • Sqft: 1340
    • Baths: 2.0
    • Lot: --