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Lauren Rickard

Answers by Lauren Rickard

2 answers · 10 pts

How long does processing time for an appraisal for condo ?

Asked by Yvette | Surfside Beach, SC | 01-23-2022

Lauren Rickard
Lauren Rickard01-24-2022 (4 years ago)

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".

Lauren Rickard
Lauren Rickard01-24-2022 (4 years ago)

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".