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Valued Contributor
JM-AM
Posts: 3,303
Registered: ‎06-09-2010

Re: Do I have a chance?

[ Edited ]

You can do some of your own comparables to get an idea what the home will appraise for.

 

Check listing prices of homes in the area, and mainly check selling prices of the homes in the area. The comparables have to be pretty similar as far as rooms, sq ft, additional features etc etc..

 

There are many different sites to get this information from. Just understand that they are Third Party Sites and may not be 100% accurate, but can give you a feel of what to expect.

Good Luck
May all your dreams and wishes become a reality!
Regular Contributor
cclee
Posts: 223
Registered: ‎08-10-2012

Re: Do I have a chance?

One of the best sites i've found for comparables is the Chase site, like JM-AM said, they are not 100% accurate but give you an idea, plus pull the recent sales around you.  Here is the link to the Chase site.  

 

https://www.chase.com/online/Home-Lending/home-value-estimator.htm 



In The Garden Until 11/01/15 - Last App 11/03/13
Frequent Contributor
payingoffdebt001
Posts: 406
Registered: ‎04-15-2011

Re: Do I have a chance?

Congratulations and keep us posted on the progress! 

 

Member
sida841
Posts: 8
Registered: ‎05-28-2012

Re: Do I have a chance? Feb 4th update

Been very sick past few days, lost ~8lbs not good. House got appraised at 139k so I'm really happy with that. Just got a few things from UW to take care off: 30 days paystubs, bank statement for January and statement showing earnest money taken out of my account. Pretty easy if you ask me

Frequent Contributor
payingoffdebt001
Posts: 406
Registered: ‎04-15-2011

Re: Do I have a chance? Feb 4th update

[ Edited ]

That's great to hear!  Not that you've been sick but hte conditions needed - awesome!

Valued Contributor
MovingForward_2012
Posts: 3,406
Registered: ‎12-19-2012

Re: Do I have a chance?

Yep those conditions mean smooth sailing! I had to provide all of the same things and I have 50% approval...waiting for the other underwriter to approve. So things are moving along for you nicely. :-)
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