Quote:
Originally Posted by SpringMom3
I agree, but the only thing is that the bank appraisal usually costs $500, while it sounds like this would be free to gauge if the value might be in the ballpark. Although I would probably feel too guilty asking for a realtor to spend their time doing this for nothing. I guess you could get them a gift or something after, but I too would feel funny asking.
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The problem is that appraising a house is a lot of art and not as much science as people would like to think. There's no guarantee the agent and the appraiser would even be close to one another in their estimates. If the OP wants the loan, they should just go ahead and move forward with that process.
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