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GitmeOuttaHere

When using assets what do they consider a certified appraisal ?

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Just trying to do the I-864 and plan on using some assets as part of the deal.

It says that if using real estate you need a "certified appraisal"...Now my question is what do they consider a

certified appraisal, is an appraisal from a licensed realtor good enough?

I am not worried about not having enough assets as our mortgage is small compared to the value of our home, which we

are definitely going to be selling anyway, but just don't want to get any RFE's...

Thanks

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Just trying to do the I-864 and plan on using some assets as part of the deal.

It says that if using real estate you need a "certified appraisal"...Now my question is what do they consider a

certified appraisal, is an appraisal from a licensed realtor good enough?

I am not worried about not having enough assets as our mortgage is small compared to the value of our home, which we

are definitely going to be selling anyway, but just don't want to get any RFE's...

Thanks

NOPE. Real Estate agent are not licensed to do certified appraisals. You need to hire an actual appraiser.


Hank

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This is a second home?


“If you know the enemy and know yourself, you need not fear the result of a hundred battles. If you know yourself but not the enemy, for every victory gained you will also suffer a defeat. If you know neither the enemy nor yourself, you will succumb in every battle.”

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Sell the property and use the bank statement as proof of assets.


“If you know the enemy and know yourself, you need not fear the result of a hundred battles. If you know yourself but not the enemy, for every victory gained you will also suffer a defeat. If you know neither the enemy nor yourself, you will succumb in every battle.”

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