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How long is an appraisal good for?

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βˆ™ 2011-01-19 00:31:11

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Answer120 days. In the recent past on a Fannie Mae/Freddie Mac appraisal--- It WAS usually good for 6 months with most lenders--although--6 months to a yr.-the appraiser can do a quick drive by and write a quick comment about the house being the same as the earlier appraisal. This may be called a recertification and will be done in the range of $100 - $150.
2011-01-19 00:31:11
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Related Questions

How long is an appraisal good?

It is good for 6 months as is and up to 1 year with an update from the appraiser.

Sample of employee good comments for appraisal?

with good attitude

How long is a real estate appraisal good for?

A real estate appraisal is good for the effective date of value stated in the report. Appraisals do not forecast real estate values and are not intended to predict unanticipated changes that may influence the reported market value conclusion.

How do you write appraiser's comment on appraisal?

his resporcibility is good

How long is a va appraisal valid?

An appraisal ordered by the US Department of Veteran Affairs (also known as a VA appraisal), is valid for 6 months. Once the appraisal is complete, the VA will assign a Certificate of Reasonable Value (C.R.V.) to the property. The C.R.V. assigned is good for any eligible borrower. What this means is that the appraised value remains the same regardless if there is a new buyer or if there is an adjustment to the contract terms.

Difference between performance appraisal and potential appraisal?

potential appraisal is not performance appraisal. similarly performance appraisal is not potential appraisal.

Give the importance of Health appraisal?

for having a good healthy

What are different types of appraisal methods?

self appraisal one-to-one appraisal team based appraisal 180 and 360 degree appraisal third party appraisal

Difference between effective dated appraisal and retrospective appraisal?

The effective date is the actual date that the appraiser is on the property, the market value at that specific time. A retrospective appraisal is an appraisal that gives the market value at another specific time other than when the appraisal is done. The retrospective appraisal utilizes information only up to the retrospective date. A good example for the need of a retrospective appraisal is fire, or the belief that a home was over appraised at an earlier date.

What is the performance appraisal system in Wipro?

The performance appraisal system at Wipro uses three types of appraisal for their employees. It includes a confirmatory appraisal, an interim appraisal, and an annual performance appraisal.

How can i get a good job appraisal?

1. Which objectives have you been unable to achieve and why? .

What is the effective appraisal date?

The effective appraisal date is the date that the appraisal was completed. The appraisal will tell you how much your home is worth.

Is there any real estate appraisal school in this country?

If by 'this country' you are referring to the United States, then yes, there are many an appraisal school for real estate. A good place to start looking for courses might just be here:

What is appraisal service?

what is appraisal servives

What is crop appraisal?

what is crop appraisal

What is technical appraisal?

technical appraisal

How do you write self appraisal?

When writing a self appraisal you will need to be very honest about yourself. Praise your qualities and also record your weak areas that need work. This is a good tool to use to take a good look at your performance.

How do you write good remarks for teachers in their appraisal form?

sarah is a active and enegetic teacher,have a good rapport with the students.

What is the difference between a potential appraisal and a performance appraisal?

A performance appraisal looks at what already happened and for evaluation. A potential appraisal is about something yet to happen and is subject to evaluation and observation before appraisal.

Sample of how to answer comment for good appraisal?

A sample of how to answer a comment for good appraisal in most countries is to say "thank you". In some countries it is appreciated when someone receiving the compliment simply nods their head.

What is Definition of appraisal interview?

what is the defination of appraisal

How can home appraisal be improved?

I am having a real estate appraisal soon. How can I improve my home appraisal?

What could I get for a Colt 1908 .22 long barrel?

Requires professional appraisal

How do you find out the appraisal amount on a home?

If you paid for the appraisal, then you are entitled to a copy of it. Contact the appraiser or the person who ordered the appraisal and request your copy. If you weren't the person who paid for the appraisal, you will have to order and pay for a new or updated appraisal.

How do I find appraisal information for property values and taxes?

Depending on your location, you should search on real estate firm websites in your area. A good resource online for appraisal information is: