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Ask an Expert: Do appraisers look at a building’s financials? Do mortgage lenders?

…Appraisers look at the financials, says New York City real estate appraiser Jonathan Miller of Miller Samuel, but might only do so if there is a red flag elsewhere….

…”Most of the time these issues involve some impact to the monthly maintenance charges or a looming special assessment,” says Miller….

…Often times, notes Miller, many potential or ongoing issues may already be priced into recent sales since those buyers and their attorneys also reviewed project documents….

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#Housing analyst, #realestate, #appraiser, podcaster/blogger, non-economist, Miller Samuel CEO, family man, maker of snow and lobster fisherman (order varies)
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