Any home appraisers out there?...

[Unicorn Jeff]

Those floors do look great. If we were on concrete that would be my floor of choice.

Nothing a little overlaying can't fix

[8mpg]

Those floors do look great. If we were on concrete that would be my floor of choice.

[Unicorn Jeff]

that paneling sure looks nice

That's what I said LOL. They're painting/staining it.

[8mpg]

that paneling sure looks nice

[DON SVO]

I can stain the floors for you real quick if you want

Just did Don's new house and came out looking awesome.

They do look nice

Ftfy

... fuck you!

[Pro88LX]

how do you expect them to place a value on something not completed? there is no way to do that and keep it in line with comparable sales. I'm a mortgage underwriter and i would flat reject that appraisal if there was any value given to it. Its not "inhabitable". Its very black and white with the new appraisal regulations within the last few years. Blame FNMA not your broker or appraiser. they aren't gonna risk their licenses so you can build a shop.

[Silverback]

Then finish the room, have it appraised, refinance...

Lenders have their rules for a reason.

[Unicorn Jeff]

It's upstairs, so it's wood not concrete...actually this add-on makes up the entire second floor. It's also being finished as a media room, so carpet is a must in the end. We could throw some carper in it on the quick, but I really don't prefer to halfass it that way...there's a few other things I want to do beforehand....

We could always overlay it and stain it

[Rreemo]

I can stain the floors for you real quick if you want

Just did Don's new house and came out looking awesome.

It's upstairs, so it's wood not concrete...actually this add-on makes up the entire second floor. It's also being finished as a media room, so carpet is a must in the end. We could throw some carper in it on the quick, but I really don't prefer to halfass it that way...there's a few other things I want to do beforehand....

[8mpg]

That sucks man..Id be pissed. Just throw some cheap ass carpet and baseboards in it. The refi alone will save you some big bucks.

[racrguy]

Ftfy

TRUTH! lmao

[Unicorn Jeff]

Ftfy

Oh fuck HAHAHA

[mstng86]

I can stain the floors for you real quick if you want

Just did Don's new hobbit hole and came out looking awesome.

Ftfy

[Unicorn Jeff]

I can stain the floors for you real quick if you want

Just did Don's new house and came out looking awesome.

[Rreemo]

Well, I think it's flat stupid that everything except carpet disqualifies a space that is damned near the size of some folks entire house. By that logic I could've just carpeted my attic space and called it an add-on. I don't live in the city limits, but we were covered with permits and already paid taxes on the space last year anyway (will again this year), yet apparently that isn't good enough either....since this idiot said that taxed sq footage doesn't mean anything. Damn....Really?! I have to pay taxes on it, yet it is still invisible?? Wow.

Nevertheless, I'm pissed enough now that these dirt-bags can suck a dick on the refinance....I'll just pay cash for the shop instead. In the end I suppose it was a stupid idea to trade in some of my hard earned equity in the first place. I just prefer to maintain a nest egg in this economy, but apparently the lenders think otherwise.