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Old 11-12-2019, 04:39 PM   #34
Hog's Gone Fishin Hog's Gone Fishin is offline
Fish are scared of me
 
Join Date: Nov 2001
Appraisals are one of the biggest scams in the Real Estate business. I've bought and sold at least 40-50 properties in my lifetime. The appraiser always wants to know what the contract or sale price is and the appraisal comes in at that amount or a little over. EVERY TIME.

If you're getting an appraisal on your own without a contract or established sales price then the appraiser will base the price on comparable properties in the area. Price per sq/ft is what generates the price. You can get that figure on your own.
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