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Updated almost 10 years ago,

User Stats

27
Posts
1
Votes
Mohammed S.
  • Investor
  • Houston, TX
1
Votes |
27
Posts

Appraiser requesting Inspection Report - Should I?

Mohammed S.
  • Investor
  • Houston, TX
Posted

Hi BP members,

Need your advice. 

I am in the final phases of a feasibility period for a 12 unit multi-family Class C property. The appraiser from the bank asked me to send the Inspection Report (which I had gotten done on the property at my expense) to him. I am debating whether I should do that since I dont want the content of the inspection report to color his opinion. On the other hand, I dont mind giving the appraiser an extra data point to validate his findings. My realtor discouraged me to share the inspection report.

What is the normal practice when purchasing a multi-family - is this a typical request? What are the pros and cons of sharing the inspection report?

Please let me know,

Thank you in advance for your view points.

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