Asked by: Renu Oren
Asked in category: business and finance, real estate industry
Last Updated: 29th Nov 2023

How long does a appraisal take?

The actual examination can take between 20 and 3 hours depending on how large the property is. The appraiser will assess the condition of your property to determine if it is in fair, good, poor or average. It may take longer to assess poor properties.

This begs the question: How long does it take for a house to be closed on after an appraisal?

2 weeks

What does an appraiser look at in a property? An appraiser examines the exterior condition of a property. This includes the quality of construction, roof integrity, foundation integrity, parking, and any other issues.

This is why a home appraisal takes so long.

These are just a few reasons that the appraisal may be taking so long. It would be simpler to complete the appraisal if an appraiser had only your home to value. Complex Assignment: Because there is less data to compare, it might take longer for an appraiser to complete the appraisal.

What is the average time it takes to get a home appraised?

six months