How Long Is a Conventional Appraisal Good For?
Chris at Hauseit® (https://www.hauseit.com) answers the question: How long is a conventional appraisal good for?
Save money when buying, selling and renting real estate in New York and Florida with Hauseit. Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014.
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Unlike a carton of milk, conventional appraisals for a mortgage don't have an expiration date.
If you're getting a conventional mortgage from a bank, it's up to the bank to determine how dated of a property appraisal they'll accept.
The answer will vary by the bank, and much will depend on current market conditions and lending standards.
We explore this mystery and explain further in the following video.
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Hauseit Group LLC, Licensed Real Estate Broker
Tel: +1 (888) 494-8258
Email: team@hauseit.com
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