Post # 1
My fiance and I are in the middle of a home purchase! And we are scheduled to close on November 16th. The only hurdle we have to pass is the appraisal. Yay,right? The appraisal was done almost three weeks ago, and I am VERY impatient for the results. How long do the reports take to get done? What were your experiences?
Post # 3
A week? Are you talking about the results or the physical document? Three weeks to hear if your home appraised for its sale value seems like a long time to me.
Post # 4
I’m pretty sure we heard what the house we were buying appraised for in about a week. Three weeks seems long to me.
Post # 5
We got ours back with in 3 or 4 days both times.
Post # 6
We’re selling our house and it was appraised today. The appraiser told me he was sending the report off tonight. 3 weeks does sound like a really long time.
Post # 7
Oh man, that doesn’t sound good. We are just waiting to hear if it appraised at selling price or above. We won’t get the report until closing. 🙁
Post # 8
- Wedding: October 2011 - Bed & Breakfast
Contract #1- 3 days
Contract #4- 4 days
Three weeks is ridiculous. The only thing I can think of is that there could be a shortage of appropriate comparable sales and the appraiser is waiting for pending sales to close so that they can be used as comps.
Post # 9
We got our reply! It came in $1000 above offer price.