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If an apt falls in the forest & no one hears it.

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Oh No Not Him

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Joined
Jun 21, 2006
Professional Status
Certified Residential Appraiser
State
Maine
...is it still an apt? LOL

Ok, heres the scoop...illegal apt in bsmt, letter ftrom city 5 yrs ago. I cite in my report requiring compliance with city codes...realtor & mtg broker both call and are miffed because "the property is not being advertised as a 2 unit so it shouldnt be a problem"...also "buyer isnt planning on using it as an apt" I mean HELLO PEOPLE>>>>its there illegally... why is that so hard to grasp. Just thought id share with you all.
 

Mike Boyd

Elite Member
Joined
Jan 18, 2002
Professional Status
Retired Appraiser
State
California
Tell the mortgage broker to check with the underwriter and the agent to check with the mortgage broker.
 

David Wimpelberg

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Joined
Mar 30, 2005
Professional Status
Certified General Appraiser
State
New York
If an apt falls in the forest & no one hears it.

...is it still an apt?

It is if it is sensed in some other fashion.

If nobody senses it, it only exists as a probability.

:)
 
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