Dose anyone know what is the turn around for a field review appraisal usually is?
I am trying to close before Jan 1st and the loan has been approved contingent to a field appraisal. I know the turn around time for the loan to get Doc up and reedy for closing is 2 days after the underwriter puts his stamp of approval. With the holidays coming up on us I am starting to get worried.
5-10 calender days is typical…
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December 31st, 2009 at 12:05 am
A good field review can be done in 5-6 days providing the appraiser doesn’t have a full schedule. I get the order today; look at property tomorrow; do my research and report writing over the next 2 days; deliver the report on the fifth day or review my report on 5th and deliver on day 6.
References :
Certified Residential Appraiser - 20 years
December 31st, 2009 at 12:38 am
5-10 calender days is typical…
References :
RE Broker