08-03-2020, 10:40 PM
I'm researching a HELOC and the credit union requires a home appraisal. They set it up with their vendor, I pay the vendor. They say it will be $490 and will include interior and exterior inspection.
Not super excited about paying $490 or having strangers in my house during a pandemic but the CU says this is my only option and they won't waive it.
Anybody know how long these things take and what exactly do they do? I've had home inspections before but never an 'appraisal'. I have some mad scientist DIY solar things going on an engineer probably wouldn't like but I don't know if an appraiser cares.
Not super excited about paying $490 or having strangers in my house during a pandemic but the CU says this is my only option and they won't waive it.
Anybody know how long these things take and what exactly do they do? I've had home inspections before but never an 'appraisal'. I have some mad scientist DIY solar things going on an engineer probably wouldn't like but I don't know if an appraiser cares.