How long does the appraisal take to complete?

An appraisal usually takes a few hours to complete depending on the complexity of the property. However, depending on the workload of the appraiser, the appraisal could take 2, 3, 5 or 7 days to complete and email to the lender. If interest rates are low and there is a lot of refinancing at the time or if there is a lot of sales activity in the summer, the turnaround time could be longer than usual. If the reverse is true, the appraisal could take only a few days to get back to the lender.

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