Avatar's Blog

» The Right Appraisal Makes the Difference

Posted on 10/7/2004
If you already have a written appraisal on the subject property, send that along with your initial loan request. If not, locate at least 2 licensed real estate appraisers in your area and get quotes. Be sure to get a real estate appraisal, not a business appraisal. You may need both if you are buying a business, but the hard money lender will need a real estate only appraisal to fund your loan.
Posted in Miscellaneous