Posted on: 28th May, 2010 05:58 am
I already paid for an appraisal which my lender required. Now I'm seeing a charge again on the good faith estimate listed as poc appraisal for 425.00. I already paid 375.00 for an appraisal. Is a poc appraisal different? What does poc mean?
It means "paid outside closing." In other words, the bill's already been paid, as you know. Why there is a $50 discrepancy is a question worth asking. One possibility is that the appraiser's fee may have been $425, of which you paid the $375 and someone from your lender ponied up the other $50.
It's nothing you ought to worry about. However, your lender should have explained all this to you already. Shabby treatment, I think.
It's nothing you ought to worry about. However, your lender should have explained all this to you already. Shabby treatment, I think.