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80% LTV and home inspections?


Jackson1647545504

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Do home inspections really raise the appraised value of a home? Specifically considering full-dig finished basements?

 

My bank asked about a re-finance with rates really low. However, Delaware county slashed values and I just crossed above the 80% loan-to-value.

 

Any experiences with appraisals here?

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appraisals are based on the market in your area. auditors rate are WAY off.

 

So true. Depending on your specific neighborhood, Delaware county may be low by 10-15k. I deal with it everyday.

 

Who is your bank and what kind of rate and term are you looking at? I'd be happy to run you some numbers to compare.

 

Feel free to shoot me an email at mstock@usavingsbank.com. If I can't beat your current offer I'd still be happy to offer some advice.

-Marc

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