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Started By
Message
re: Disagreement with Appraisal
Posted on 2/7/13 at 1:09 pm to Sigma
Posted on 2/7/13 at 1:09 pm to Sigma
quote:
We're refinancing and trying to avoid PMI. The appraisal came back lower than we would have liked,
Dealt with the exact same thing a year ago...
quote:
Do I have any recourse in disputing the appraisal outside of just canceling the refi?
Advice I was given and it worked was to call the appraiser and talk to him directly. Explain what you are trying to do and where you think that he may have overlooked something. Maybe a measurement or a comp. Even asked that if you send him a few other comps, would he take a look and think about using them in his figures.
He ended up taking a look, admitting he could change a few things, and did so. Said that he was much more open to it since it was a refi and not a sale.
btw, this was after my finance guy spoke with him and they had at it.
1
Posted on 2/7/13 at 1:17 pm to Lsut81
Thanks for the info. Unfortunately, we were told by the mortgage company that we couldn't see the appraisal prior to their reviewing it, so it has already sort of gone through. Can the appraiser change things at this point?
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