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re: Disagreement with Appraisal

Posted on 2/7/13 at 3:43 pm to
Posted by TigerintheNO
New Orleans
Member since Jan 2004
41254 posts
Posted on 2/7/13 at 3:43 pm to
How is it appraisal with regard to what the tax assessor has it peg at? How much more is the appraisal than what your house insured for?
Posted by ColdDuck
BR via da Parish
Member since Sep 2006
2776 posts
Posted on 2/7/13 at 9:55 pm to
Same here on our refi... It did not really affect anything but just pissed me off. We totally redid the workshop and made it a media room... about 600SF. He did not even add a line item for a comp on the appraisal even though every realtor we asked said it should be a special comp probably adding 20K to the cost of the house.

Appraisers are as bad as the TSA. No oversight...
Posted by ItNeverRains
37069
Member since Oct 2007
25691 posts
Posted on 2/8/13 at 7:58 am to
quote:

How is it appraisal with regard to what the tax assessor has it peg at? How much more is the appraisal than what your house insured for?


Keep low appraisal to give to tax assessor if paying more. Ins is cost to rebuild. Varies
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