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Initial appraisal of house has incorrect acreage - Read More

Date Added: July 05, 2008 07:40:02 AM
Q: Dear Benny: I own a home that I bought approximately three years ago. I was going through my paperwork and realized that my initial appraisal was done on the house and indicated that it contained five acres. However, I bought only 2.5 acres. It appraised at exactly what I bought it for, so what does this mean? I have a loan based on a house that would not have appraised at the selling price ...

Category: Real Estate » Appraisal


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