Appraisals/loans
From: MartyR707 (MartyR707aol.com)
Date: Fri, 2 Jan 1998 23:16:28 -0600
We are getting very close to applying for our loan here at Two Acre Wood.  We
have the common problem of very low appraisals (way below our COSTS!) and are
looking for ways to bring them up so we can get a bigger loan.

Do any of you out there have experience with a bank lending you more than 80%
of appraisals for construction?  Did any of your banks loan based on cost to
build rather than appraisals based on comps?

We are in great need of documentation of such stories to show our bank.  Any
info greatly appreciated.  YOu can send to me at MartyR707 [at] aol.com.

We are also looking for info on coho comps.  I will post more details on that
question soon.

Thanks again for all the great help we receive from this list!!!

Marty Roberts
Two Acre Wood, Sebastopol
**Where we are eager for more families on our waiting list**

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