How Appraisals Impact Your Loan and Refinances | The STRR Podcast #74 | Tim Hubbard
Summary
This episode of Short Term Rental Riches discusses the importance of appraisals when getting a loan for an STR, including defining an appraisal, explaining the three methods appraisers use to value property, and what to do if the appraisal comes in lower than expected. It also touches on the differences between commercial and residential appraisals, and how market conditions affect appraisals.
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