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Re: Real Estate Appraisal Fees [Re: Jgraider] #8665358 08/16/22 01:15 AM
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I just found out today that the people buying our house is paying their appraiser $1200. Good lord I’m in the wrong business as usual lol


Joel Carrington
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Re: Real Estate Appraisal Fees [Re: Jgraider] #8665407 08/16/22 02:14 AM
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We just had a house built. Paid $850 for two appraisals, one as proposed before ground was broken, one just before closing. Was a house on acreage in the county so not what pricing would be in a subdivision etc. paying upfront is typical.

Other than they made the number neither were worth the paper they were printed on, absolute junk.

Last edited by redchevy; 08/16/22 02:15 AM.

It's hell eatin em live
Re: Real Estate Appraisal Fees [Re: redchevy] #8665648 08/16/22 12:58 PM
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Originally Posted by redchevy


Other than they made the number neither were worth the paper they were printed on, absolute junk.


I had a buddy that used to call them "fish wrappers" as in most appraisals done on an URAR form aren't good for anything except wrapping up fish in.

Last edited by ksjmf; 08/16/22 12:58 PM.
Re: Real Estate Appraisal Fees [Re: Jgraider] #8665675 08/16/22 01:21 PM
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Buying a $450K house and worrying about a one time $700 bill. What a country we live in!

Last edited by PigMoney; 08/16/22 01:22 PM.

“We don’t rent pigs!”- Hat Creek Cattle Company
Re: Real Estate Appraisal Fees [Re: PigMoney] #8665683 08/16/22 01:27 PM
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Originally Posted by PigMoney
Buying a $450K house and worrying about a one time $700 bill. What a country we live in!

I was thinking the same when he made the OP.


Originally Posted by Superduty
I am still looking for the perfect apron, one with reinforced knee areas would be perfect.

Re: Real Estate Appraisal Fees [Re: Jgraider] #8665774 08/16/22 03:03 PM
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Hey I’ll take all those 500-700 dollar checks yall don’t want! grin


It's hell eatin em live
Re: Real Estate Appraisal Fees [Re: The Dude Abides] #8666005 08/16/22 07:30 PM
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Originally Posted by The Dude Abides
Originally Posted by PigMoney
Buying a $450K house and worrying about a one time $700 bill. What a country we live in!

I was thinking the same when he made the OP.


That's how he's able to buy a $450k home with a $130k mortgage. You have good discretion/discipline in handling your money. Think about it.

Re: Real Estate Appraisal Fees [Re: Jgraider] #8666047 08/16/22 08:43 PM
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Originally Posted by Jgraider
Originally Posted by The Dude Abides
Originally Posted by PigMoney
Buying a $450K house and worrying about a one time $700 bill. What a country we live in!

I was thinking the same when he made the OP.


That's how he's able to buy a $450k home with a $130k mortgage. You have good discretion/discipline in handling your money. Think about it.


I'll "one up ya"...no mortgage here, living the dream! up


Originally Posted by Superduty
I am still looking for the perfect apron, one with reinforced knee areas would be perfect.

Re: Real Estate Appraisal Fees [Re: The Dude Abides] #8666538 08/17/22 01:09 PM
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Originally Posted by The Dude Abides
Originally Posted by Jgraider
Originally Posted by The Dude Abides
Originally Posted by PigMoney
Buying a $450K house and worrying about a one time $700 bill. What a country we live in!

I was thinking the same when he made the OP.


That's how he's able to buy a $450k home with a $130k mortgage. You have good discretion/discipline in handling your money. Think about it.


I'll "one up ya"...no mortgage here, living the dream! up


Yessir! Down to $36K on our mortgage and I ain't buying another until I retire. Everything is too overinflated. Everyone and their dog keeps telling me "sell and roll the money into the next, it's how you become rich"! Well folks, I'm a weird one because "rich" to me is good health, a fat 401K, an early retirement giving me all the time in the world to spend out here in the rolling plains, and NO MORTGAGE! The practice of buying homes as investment properties is slowly killing the way of life we know. It'll back fire one day. Nobody knows when, but it always does.

Last edited by PigMoney; 08/17/22 01:12 PM.

“We don’t rent pigs!”- Hat Creek Cattle Company
Re: Real Estate Appraisal Fees [Re: Jgraider] #8666556 08/17/22 01:23 PM
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Amen PigMoney!!!! I hate debt in any form or fashion.

Re: Real Estate Appraisal Fees [Re: Jgraider] #8666573 08/17/22 01:44 PM
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You don’t have to downsize when you retire if you never upsize.



Re: Real Estate Appraisal Fees [Re: 68rustbucket] #8666622 08/17/22 02:29 PM
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Pretty sure I will end up living in a box ...I got almost as many mortgages as fingers and toes. Ya never know if youre living on the edge unless you fall off............odds are I find that edge..........oh well. Giddyup

Re: Real Estate Appraisal Fees [Re: Jgraider] #8666634 08/17/22 02:35 PM
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I wouldn't want to be paying mortgage or credit card interest right now...eff dat!


Originally Posted by Superduty
I am still looking for the perfect apron, one with reinforced knee areas would be perfect.

Re: Real Estate Appraisal Fees [Re: The Dude Abides] #8666893 08/17/22 07:11 PM
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Originally Posted by The Dude Abides
I wouldn't want to be paying mortgage or credit card interest right now...eff dat!


We might not have to worry about it, everyone will be renting soon enough. Ought to be illegal:

[url=https://www.yahoo.com/finance/news/blackstone-prepping-record-50-billion-150000581.html][/url]

[Linked Image]


“We don’t rent pigs!”- Hat Creek Cattle Company
Re: Real Estate Appraisal Fees [Re: PigMoney] #8666905 08/17/22 07:33 PM
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Originally Posted by PigMoney
Originally Posted by The Dude Abides
I wouldn't want to be paying mortgage or credit card interest right now...eff dat!


We might not have to worry about it, everyone will be renting soon enough. Ought to be illegal:

[url=https://www.yahoo.com/finance/news/blackstone-prepping-record-50-billion-150000581.html][/url]

[Linked Image]


It ought to be illegal to buy rental houses?

Re: Real Estate Appraisal Fees [Re: SherpaPhil] #8666910 08/17/22 07:37 PM
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Originally Posted by SherpaPhil
Originally Posted by PigMoney
Originally Posted by The Dude Abides
I wouldn't want to be paying mortgage or credit card interest right now...eff dat!


We might not have to worry about it, everyone will be renting soon enough. Ought to be illegal:

[url=https://www.yahoo.com/finance/news/blackstone-prepping-record-50-billion-150000581.html][/url]

[Linked Image]


It ought to be illegal to buy rental houses?


Don't get me wrong I'm a middle of the road independent conservative that leans right, but at what point do we let capitalism completely ruin us? How long until the entire country is owned by the few? Look what China, Saudi Arabia, and Bill gates are doing. The Mesa Vista Ranch was almost sold to a Saudi Prince but 'ol T Boone said he would not sell it to a (insert derogatory term).

Last edited by PigMoney; 08/17/22 07:39 PM.

“We don’t rent pigs!”- Hat Creek Cattle Company
Re: Real Estate Appraisal Fees [Re: Jgraider] #8666945 08/17/22 08:03 PM
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Originally Posted by Jgraider
Originally Posted by jetdad
Your post indicates your son is engaging the appraiser. Is there no lender involved? Is this a custom home or a production home? Sounds kind of high to me if it's a "to be constructed" appraisal and no inspection/measurements, etc. are required of the appraiser. In other words, the appraisal is based on plans. Most appraisals ordered by lenders are paid at closing. Need more details.


My understanding as well. This is not far from you, in Anna, TX. Stonehollow homes IIRC.


Let me know in the future when you visit him. I am about 2 miles north of his neighborhood on 17 acres in Grayson county just across the Collin county line. Currently building home and office should be moved in around January.

Last edited by Pitchfork Predator; 08/17/22 08:03 PM.

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Re: Real Estate Appraisal Fees [Re: Pitchfork Predator] #8666950 08/17/22 08:10 PM
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Originally Posted by Pitchfork Predator
Originally Posted by Jgraider
Originally Posted by jetdad
Your post indicates your son is engaging the appraiser. Is there no lender involved? Is this a custom home or a production home? Sounds kind of high to me if it's a "to be constructed" appraisal and no inspection/measurements, etc. are required of the appraiser. In other words, the appraisal is based on plans. Most appraisals ordered by lenders are paid at closing. Need more details.


My understanding as well. This is not far from you, in Anna, TX. Stonehollow homes IIRC.


Let me know in the future when you visit him. I am about 2 miles north of his neighborhood on 17 acres in Grayson county just across the Collin county line. Currently building home and office should be moved in around January.


You are going to nestle in nicely up there by that soil conservation reservoir.

Re: Real Estate Appraisal Fees [Re: Pitchfork Predator] #8666965 08/17/22 08:24 PM
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Originally Posted by Pitchfork Predator
Originally Posted by Jgraider
Originally Posted by jetdad
Your post indicates your son is engaging the appraiser. Is there no lender involved? Is this a custom home or a production home? Sounds kind of high to me if it's a "to be constructed" appraisal and no inspection/measurements, etc. are required of the appraiser. In other words, the appraisal is based on plans. Most appraisals ordered by lenders are paid at closing. Need more details.


My understanding as well. This is not far from you, in Anna, TX. Stonehollow homes IIRC.


Let me know in the future when you visit him. I am about 2 miles north of his neighborhood on 17 acres in Grayson county just across the Collin county line. Currently building home and office should be moved in around January.


Sure will Mark. I'll look forward to it.

Re: Real Estate Appraisal Fees [Re: Jgraider] #8670209 08/21/22 07:50 PM
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How much are appraisals on just the lot? Our city is selling us our leased lots but they have to be appraised and
Then we still have to negotiate the price.


some people like silver and gold
I like brass and lead with a little powder in between
Re: Real Estate Appraisal Fees [Re: PigMoney] #8670266 08/21/22 09:09 PM
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Originally Posted by PigMoney
Originally Posted by The Dude Abides
Originally Posted by Jgraider
[quote=The Dude Abides]

That's how he's able to buy a $450k home with a $130k mortgage. You have good discretion/discipline in handling your money. Think about it.


I'll "one up ya"...no mortgage here, living the dream! up


The practice of buying homes as investment properties is slowly killing the way of life we know. It'll back fire one day. Nobody knows when, but it always does.


I wish people would stop looking at their primary residence as an “investment”. If anything it’s a terrible savings account.


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Re: Real Estate Appraisal Fees [Re: PigMoney] #8670400 08/21/22 11:18 PM
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Originally Posted by PigMoney
The practice of buying homes as investment properties is slowly killing the way of life we know. It'll back fire one day. Nobody knows when, but it always does.


It'll backfire for the renters or the owners? People will always need a place to live....

Re: Real Estate Appraisal Fees [Re: Jgraider] #8671122 08/22/22 05:48 PM
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I believe in DFW real estate.

Home in Hurst. Pd $108 about 20 years ago. House next door just sold for $440 after total remodel.

2 rent houses: Had both over 30 years since wife and I married.
One in Mansfield pd about $100k 30 years ago. Now worth almost $300k Rental
One in Hurst I paid $36k about 40 years ago. Now about $300k Rental

133 acres South of Bowie. Recreational property(junk land good for only fishing, hunting, 4 wheelering. Paid $408 per acre. Now, according to a realtor I know, is about $9 to $10k per acre.

All properties are now debt free.
Yeah, I believe I real estate. But, I have seen more than one cycle.


Without a sense of urgency, nothing ever happens.

Boy, if I say "sic em", you'd better look for something to bite. Sam Shelley, Rancher Muleshoe Texas 1892-1985 RIP
Re: Real Estate Appraisal Fees [Re: Jgraider] #8671281 08/22/22 08:50 PM
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My daughter has a bakery in downtown McKinney, so y’all come visit. Limited hours, but if it’s open, she’s there. Bresnan Bread and Pastry.


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Keep your gratitude higher than your expectations. RWH
Re: Real Estate Appraisal Fees [Re: BigPig] #8671306 08/22/22 09:18 PM
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Originally Posted by BigPig
Originally Posted by PigMoney
Originally Posted by The Dude Abides
Originally Posted by Jgraider
[quote=The Dude Abides]

That's how he's able to buy a $450k home with a $130k mortgage. You have good discretion/discipline in handling your money. Think about it.


I'll "one up ya"...no mortgage here, living the dream! up


The practice of buying homes as investment properties is slowly killing the way of life we know. It'll back fire one day. Nobody knows when, but it always does.


I wish people would stop looking at their primary residence as an “investment”. If anything it’s a terrible savings account.


rofl rofl


Originally Posted by Phil Robertson
Don't let your ears hear what your eyes didn't see, and don't let your mouth say what your heart doesn't feel
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