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re: Calling all real estate appraisers!

Posted on 4/12/17 at 12:09 pm to
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37249 posts
Posted on 4/12/17 at 12:09 pm to
quote:

It makes me wonder if my mortgage provider will just choose someone that will give me a low ball appraisal so I have to keep paying the PMI.


Well, they are supposed to "randomly" choose an appraiser.

But honestly, the banker perhaps could care less, he isn't making any money off the PMI. Now, if he's getting kickbacks from the PMI provider...
Posted by Clyde Tipton
Planet Earth
Member since Dec 2007
38857 posts
Posted on 4/12/17 at 12:14 pm to
Is your lot half the size of a football field or nearly 2 football fields?
Posted by OMapologist
Member since Oct 2015
594 posts
Posted on 4/12/17 at 1:04 pm to
It's much closer to 2 football fields than half of one.
Posted by KillTheGophers
Member since Jan 2016
6261 posts
Posted on 4/12/17 at 5:55 pm to
Licensed appraisers are the biggest waste of money
Posted by rodnreel
South La.
Member since Apr 2011
1336 posts
Posted on 4/13/17 at 5:36 am to
If you decide to get a new appraisal I suggest you begin with correct information. You have several options and they begin with the deed used when you purchased the property. The deed contains a description and this is the key to what you own.

You can do the research but more than likely after a full day you still won't have anything. If the assessors office is friendly they may help with the research, but don't stop at their computer generated map.

the best option is to bring your deed to a surveyor. You can ask he/she just to research your property to get a better understanding of the size of it.

Many will have the information already in their office and may not charge you anything or for a small fee do the courthouse research next time they are there.
Posted by LPTReb
Member since Jul 2016
469 posts
Posted on 4/13/17 at 6:22 am to
quote:

There should be a plat of the subdivision filed at the courthouse.

Get a copy and see how it looks.


This. If the legal description is a lot number instead of a metes and bounds description, there is a subdivision plat on file at the courthouse. No need to pay for a survey.
Posted by Drop4Loss
Birds Eye Of Deaf Valley
Member since Oct 2007
3885 posts
Posted on 4/13/17 at 4:40 pm to
Many parishes have a geoportal website that you can zoom in and see your site dimensions

Google your ......parish geoportal

Posted by rodnreel
South La.
Member since Apr 2011
1336 posts
Posted on 4/14/17 at 10:19 pm to
These geoportal websites are mostly from the assessors office and it can be wrong. Get the controlling documents from the clerk of court.
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