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how long is a apprasial good for

by charles & kel... from revere, Missouri. May 18th 2011 Reply

Jay Rosen (JayRosen)
#449 ranked lender in California - 3 contributions

Usually they are good for 90 days.

May 18th 2011
MIKE CONVIN (mconvin)
#6 ranked lender in Delaware - 202 contributions

Per Freddie Mac Guidelines for conforming loans, see below:If the effective date of the appraisal is more than 120 days before the Note Date, the appraisal is outdated and a new appraisal with at least an exterior-only inspection is required. See Section 44.7(e) for additional information.Mike 703 505 5300

May 18th 2011
Joel Lobb (kentuckyloan)
#3 ranked lender in Kentucky - 192 contributions

Depends on the mortgage type of loan you have. FHA is good for 12 months. Fannie Mae and Freddie Mac it varies

May 19th 2011
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