Disputing Appraisal

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Re: Disputing Appraisal

by xehonort » Sun Nov 03, 2024 3:36 am

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Re: Disputing Appraisal

by xehonort » Thu Oct 03, 2024 5:35 am

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Re: Disputing Appraisal

by xehonort » Fri Aug 02, 2024 10:13 pm

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Re: Disputing Appraisal

by xehonort » Wed Jul 03, 2024 1:26 am

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Re: Disputing Appraisal

by xehonort » Thu May 02, 2024 7:34 am

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Re: Disputing Appraisal

by xehonort » Wed Apr 10, 2024 5:07 pm

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Re: Disputing Appraisal

by wakeboard1290 » Mon May 22, 2023 3:56 pm

The appraiser corrected the error and increased value to just over purchase price, thank GOODNESS :roll: . We close in 3 weeks :D

Re: Disputing Appraisal

by robtheknob » Wed May 10, 2023 4:28 pm

Any update?

Re: Disputing Appraisal

by wakeboard1290 » Sat May 06, 2023 9:11 am

Thanks guys, we found that the square footage was actually short so we just submitted back to our AMC :?

We politely asked for a 'reconsideration of value' based on the 'higher and correct' square footage :lol: I'll let you know how it turns out!

Re: Disputing Appraisal

by bypassthalamus » Fri May 05, 2023 3:47 pm

I’ve had my best luck asking for a “reconsideration of value” and providing something factual either incorrect or missing from report. Usually pointing things out on the comps won’t impact value, but items either not listed or incorrect on the subject property have a fairly good chance. I’ve had best luck with square footage and bathroom/bedroom counts.

Depending on your company, it may be possible to order a fresh appraisal if none of that works and the deal is in jeopardy.

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