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XV19

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XV19

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Re: XV19 post# 28

Wednesday, 02/08/2006 10:01:47 AM

Wednesday, February 08, 2006 10:01:47 AM

Post# of 199
perfect example....I just took out a home equity loan..Our home isn't fancy. 3 br/2bath 1000 sq ft upstair, and 950 sq ft of COMPLELTY finished basement. (den/bedroom/closets/full bath/laundy/wine cellar.

the appraisal DID NOT INCLUDE the basement as 'liveable space', because it's a basement (even with7 foot ceilings, fully insulated/dry walled/carpet/granite floors).

Our 'appraisal' came in $50k LESS than comparable homes in my neighborhood are selling for (and most homes around here sell in less than a week for around 10-15% OVER the asking price. Seattle is insane).


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