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re: Appraisal company didn't appraise house we have under contract for enough....
Posted on 5/13/17 at 8:14 am to oauron
Posted on 5/13/17 at 8:14 am to oauron
quote:
There is absolutely some subjectivity to it. Depending on how much of the closing costs each side pays, it artificially raises/lowers prices.
I had a home that need a new roof drop the value of the whole neighborhood by 10k.
That's what adjustments are for. You got a shitty appraiser.
Yes, it is subjective, but quality appraisers have resources at hand that allow them to come up with their EXPERT OPINION of VALUE.
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