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Appraisal Headaches | International Residential Real Estate Investors Association
Friday November 24th 2017

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Appraisal Headaches

Financing is tough now and its made even tougher by appraisers.  However, investors and borrowers should not simply give up.  The initial appraisal submitted should be examined carefully.  Misunderstandings over improvement capital, current property condition, expense assumptions and evidence that the capitalization rate should change can make a dramatic change in the results.

I’ve heard of recent incidents where a review of the appraisal has resulted in changes of as much as 25% or more upward and subsequently led to successful transaction closing.

I’ll follow this up with a more detailed breakdown of the appraisal as a blog post and will support that with a detailed tool to assist analyzing the appraisal this weekend for our basic members.

Blake Ratcliff

The Real Estate Investor

“The IRREIA - Making residential real estate investing more fun and rewarding
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