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How long does processing time for an appraisal for condo ?
905 sq ft
Asked By Yvette R. | Surfside Beach, SC | 785 views | Marketing | 3 years ago
Answer(6)
Lisa and Greg Harris
eXp Realty, LLC
Appraisal Times do not depend on the property exactly.... They are typically assigned and the appraiser typically has 10 business days to complete from the point of the assignment. Timing of getting one back depends on how busy the market is and what type of loan is being utilized as to how detailed it has to be for process.
- 2 years ago
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Marty & Abby Champagne
RE/MAX Market Place
In Wisconsin it usually takes 30 days to close on a condo. An appraisal is done a few days prior to closing. So to answer your question ...around 28 days.
- 3 years ago
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Rob Cerveny
Berkshire Hathaway Home Services
depends! on how busy they are and what the closing date is. Usually about 10 days or so.
- 3 years ago
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Lauren Rickard
Coldwell Banker Seaside Realty
45 days at a minimum, but check with the Lender. If the Lender has previously completed a loan for the Condo Association the timeline could be shortened. The timeline will also be directly effected by how long it takes to get an Appraiser to accept the request. Some areas are short on Appraisers and timelines can be much longer than the "normal".
- 3 years ago
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Kristyn Reyes
SH June & Associates, LLC.
It really depends on the property but in many cases it can take around 10-25 days to complete and receive the appraisal back.
- 1 week ago
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