forgot to mention...

[swingchickie]

just got finished with my home inspection this morning. i need everyone's good vibes, because what this guy estimates as the value of my house will determine whether my mortgage refi goes through or not. if it doesn't get appraised for more than i paid for it, the bank won't let me refinance. so i'm crossing my fingers and toes.

not sure how i feel about the appraiser... he never got on the roof, never tested outlets like the appraiser did when i bought the place. maybe for a refi they don't need to get that detailed. i did give the guy a list of all the improvements i've made in 3 years (rebuilt bathroom, rebuilt roof, professional landscaping, remove 3 old trees) so we'll see if that helps my case... eek!

Comments

[boutell.livejournal.com]

Good luck!

[photogebirg.livejournal.com]

please pardon my random comment, but was this an appraiser from the bank, or a home inspector?
you're right, appraisers aren't that detailed. home inspectors are. appraisers aren't concerned with water quality, and will generally take your word on whether the roof is in good shape or not.
and believe it or not, refurbishing a bathroom does not make you much money. they'd look at it as, "there was a bathroom there before, and there's a bathroom there now." if you added something or really went all-out on the job, it may gain you an extra $500 or maybe $1000 versus a standard bathroom, depending on the appraiser. if you rebuilt the roof, that basically means that the house may gain a little in the "condition" box on the appraisal form. landscaping, in the end, is a matter of preference. you may like shrubs and flowers, for example, but whether a prospective buyer is looking for that is a crapshoot. tree removal is just that... removal of something. granted, the property may now be safer or more visually appealing, but such things are hard to quantify on paperwork for a bank.
that being said, good luck!

(former assistant appraiser)