BYC Café

Good morning, thanks for the lovely baby pictures. I brought more coffee and some mini apple turnovers.

We're dealing with a weird situation here--we're trying to get a HELOC to finish up our siding project (THANKS INFLATION) and the appraiser is being...odd. She was asking super invasive questions about our intentions while she was here, and went back to the bank to ask what they wanted her to do, because we have a really old kitchen and 'are living on subfloors'. Huh? I don't understand how she needs to be involved like that, or why there is any sort of question--what we need her to do is finish the appraisal. Now the bank is trying to tell us how we need to spend the funds, but we don't have a dollar amount in any way yet (value of the house or how much equity they'd be willing to forward us). Kicker is---this house is 150 years old. We bought it as a fixer upper, and we're in the midst of everything, living in a constant construction zone. We don't have subfloors. They're the original floors of the house, just unfinished. I feel weird now about having someone who is meant to be impartial come into my house and look down their nose at how we live.

Has anyone ever challenged an appraisal before? Here is a pic of my dining room, just because.

View attachment 3783354

When we got our HELOC we had paid the mortgage off and I don't remember an appraiser coming to the house.
 

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