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re: Disagreement with Appraisal

Posted on 2/7/13 at 2:22 pm to
Posted by guttata
prairieville
Member since Feb 2006
22513 posts
Posted on 2/7/13 at 2:22 pm to
It's nice to see appraisers actually being held to a set of standards. The guy who appraised our new build told me they are all being held to a lot stricter standards than they used to.
Posted by Lsut81
Member since Jun 2005
80269 posts
Posted on 2/7/13 at 2:32 pm to
quote:

The guy who appraised our new build told me they are all being held to a lot stricter standards than they used to.


They should be... My guy was nice, but he royally f'd up.

He missed about 90 sq feet, which was obvious from his diagram. He didn't account for an entire hallway. The stairs led straight into the bathroom

Then one of the comps he used was a Bank Owned Foreclosure that was only available to investors. My real estate agent said that is a no-no and they aren't allowed to use those.
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