U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Real Estate
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.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Old Yesterday, 09:31 PM
12 posts, read 8,006 times
Reputation: 24


So we spotted a house we like. The relocation company purchased the house from the seller for price X, about $30k less than the price the seller had the house on the market. Since it was purchased by a relo company, it is fair to assume that the company had a relo appraisal done. Do these types of appraisals come in lower and are they more in depth to their standard appraisal? Does the buyer usually snag in a deal in these cases?
Reply With Quote Quick reply to this message

Old Today, 07:16 AM
Location: Raleigh NC
10,106 posts, read 7,576,478 times
Reputation: 8693
they are not usually more or less in-depth than a standard appraisal. For an expensive home, they might have gotten one or more standard appraisals, and selected anywhere between the lowest and highest for their buyout.

Last edited by BoBromhal; Today at 07:28 AM..
Reply With Quote Quick reply to this message
Old Today, 07:08 PM
465 posts, read 417,866 times
Reputation: 1236
It is common for there to be more than one appraisal for a relo and they tend to be more detailed and have specific guidelines that are followed.

There are appraisers who specialize in these type of appraisals. They are usually pretty accurate. Although, depending on the home and the market conditions, prices can vary between when the appraisals were done and when it is sold to a new buyer.
Reply With Quote Quick reply to this message
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.


Quick Reply

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Real Estate
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top