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walkout basment

Homeowner to Appraiser: “My House Has Two Bathrooms, Not One!,” or, “The Case of the Missing Bathroom”

Did the Appraiser Goof? A client trying to refinance his mortgage recently ran into an infrequent but not unheard of problem: a low appraisal. My client was convinced that the appraiser goofed because ” amongst other things ” the appraiser listed the home as only having one Bathroom, not two. Unfortunately, the second Bathroom is...
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Homeowner to Appraiser: “My House Has 2 Bathrooms, Not 1!,” or, “The Case of the Missing Bathroom”

Did the Appraiser Goof? A client trying to refinance his mortgage recently ran into a not-uncommon problem:  a low appraisal. My client was convinced that the appraiser goofed because — amongst other things — the appraiser listed the home as only having one Bathroom, not two. Unfortunately, the second Bathroom is in the basement. Because...
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