Appraisal fee. Too high?
Started by dmasonmd
about 16 years ago
Posts: 27
Member since: May 2010
Discussion about
Wells Fargo wants $850 for an appraisal fee on a 1.2M purchase in Manhattan. I feel that is high. Thoughts?
I got quoted (by Wells Fargo) almost $1000 for a Brooklyn unit, that was much less.
schwab is doing my appraisal for 650, 1.4m est value
well I should say the guy they hired is doing it for that much
Just imagine when the mortgage bill comes, what will you guys do then?
Wells Fargo was, by far, the highest on every closing cost among the lenders we compared.
Our appraisal fee from Bank of America was $535 for an $800k co-op.
I thought we didnt have to pay our mortgages anymore? please advise
Weird. I paid half that, also via WF.
gcondo: charles schwab does mtgs? Good rate?
yes as good as anyone else. I have a new 7/1 i/o under 3.75, 30 year last week was 4.75 0pts
sry mistype, 7/1 @ 3.875 i/o 1/8pt
Thanks gcondo. Amazing rates. Good luck.