Why does appraisal report takes a week to generate ? The appraisal for the home I was looking was completed last Friday but my lender said it will take one week to get the report.

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They take the tour of the house but they need to do their work on the comps and prepare the report - I suspect they have many reports to do- so just back log

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Lots of refinances. These people are busy.

Also have you looked at an appraisal report? There’s a ton of information in there, comparative analysis to other properties etc. The physical visit is just part 1.

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