2007-01-20 05:52:07 · 8 answers · asked by jbuck32002 2 in Business & Finance ➔ Renting & Real Estate
No you do not. The appraisal for the property is done for the financial institution and this fee will not be refunded as the appraiser has no ties to the bank or to the borrower.This is the cost of doing the deal.
2007-01-20 05:58:30 · answer #1 · answered by georgepardos 2 · 1⤊ 0⤋
Yes: If the appraiser refuse to do an appraisal you are in titled to get the fee back.
YEA: I know that is not what you meant. The appraisal fee is for the work rendered. If you received a service, why do you think that you should get your money back for a service rendered?
2007-01-20 13:58:21 · answer #2 · answered by whatevit 5 · 1⤊ 1⤋
No you do not get your money back. You are paying for an appraisal to find the value of the property.
2007-01-20 14:55:06 · answer #3 · answered by NH Realtor 2 · 1⤊ 0⤋
No, like others have said it is a part of getting a loan. Most lenders do POC so that they do not get forked the bill if they cant lend on the property.
2007-01-20 17:20:00 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Depends. If you are just borrowing money, no, it's non-refundable. If you are buying a home, the seller ususally pays the fee.
2007-01-20 14:09:48 · answer #5 · answered by americanmalearlington 4 · 0⤊ 2⤋
Nope.
2007-01-20 13:54:58 · answer #6 · answered by Mark T 6 · 0⤊ 0⤋
I don't think so...at least when I bought my house it was non refundable.
2007-01-20 13:57:45 · answer #7 · answered by miztiffany 3 · 0⤊ 0⤋
yes
2007-01-20 13:59:04 · answer #8 · answered by Skater 2 · 0⤊ 2⤋