Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
How long does this take. I only have 30 days on the offer and I am down to 2 weeks and no call from the appraiser to the seller to schedule an appraisal. am I screwed???
I just had an appraisal done yesterday for VA loan. It took a total time of 10 days between the time the phone call went out from lender to appraiser. And that was only because the appraiser went out to our new home twice. The first time it was because the house was not finished (new construction). He went back when the builder called him and said it was over 90% done (they were working on the landscaping when the appraiser went back for a second time).
I don't know what a typical wait time is as this is our first home and first time using VA.
Don't sit back and wait for someone else to make the decision that it's taking too long. Get on the phone to the lender and push. I was told, however, that the appraisers are backed up due to all the refi's ... and definitely not because of all the new homes being built because there aren't that many selling right now.
our VA appraisal was ordered 2 weeks ago...per my realtor & lendor, today is the deadline to get it done. what are the repercussions if it doesn't get done in time?
our VA appraisal was ordered 2 weeks ago...per my realtor & lendor, today is the deadline to get it done. what are the repercussions if it doesn't get done in time?
That would vary by State. Your Realtor lender are the best are giving you that advice. It could be that you lose your earnest money and the seller can accept another contract. Is it not specified in the contract of sale?
It took our appraiser 29 days to do the inspection after te order was placed. He did the inspection on 10-15-12, we were supposed to close on 10-23-12 but have never heard anything back from him and he has not turned in his report. We now have no idea when we are closing and we have to be out of our current place by 10-31-12.
Our VA Appraisal took about 5 days from start to finish.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
