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re: Disagreement with Appraisal

Posted on 2/8/13 at 5:35 am to
Posted by Lsut81
Member since Jun 2005
80232 posts
Posted on 2/8/13 at 5:35 am to
quote:

Apraisers no longer have to keep finance companies happy to get referral work.


Yup, they are just put into a random drawing or whatever...

That is one thing that my guy had warned me about when we were trying to come up with a solution. He said "We know what the property is worth, so you can pay another $400 and we can order another appraisal, but there is a chance that we could get the same company and same guy"


Oh, and just thought about this... I got royally fricked when I sold my last house. Appraiser came back 20k under what the buyer and I agreed on. My agent and the buyers agent both called and cussed him out, told him he was WAY off. They were absolutely as furious as I was. He eventually raised it around 12k, but I lost out on 8k because of him.

This post was edited on 2/8/13 at 5:39 am
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