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re: Calling all real estate appraisers!

Posted on 4/12/17 at 9:35 am to
Posted by OMapologist
Member since Oct 2015
594 posts
Posted on 4/12/17 at 9:35 am to
quote:

Home appraisal game still crooked. Got it.


It makes me wonder if my mortgage provider will just choose someone that will give me a low ball appraisal so I have to keep paying the PMI.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37856 posts
Posted on 4/12/17 at 12:09 pm to
quote:

It makes me wonder if my mortgage provider will just choose someone that will give me a low ball appraisal so I have to keep paying the PMI.


Well, they are supposed to "randomly" choose an appraiser.

But honestly, the banker perhaps could care less, he isn't making any money off the PMI. Now, if he's getting kickbacks from the PMI provider...
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