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Updated almost 10 years ago on . Most recent reply

User Stats

16
Posts
4
Votes
Andrew Karpman
  • Redondo Beach, CA
4
Votes |
16
Posts

Appraisal Report Request from Sellers

Andrew Karpman
  • Redondo Beach, CA
Posted

Hi, we're in the process of purchasing our first property, and we're in the negotiating stages of the deal. We've already requested that sellers repair the big ticket items as was indicated in the home inspection report. The sellers are now asking if we can provide them with the appraisal report which obviously we as buyers paid for. Our agent said that we don't have an obligation to share the appraisal report with the sellers but can if we choose too. 

Are there any cons to sharing the appraisal report with the sellers?

Thanks,

Andrew

Most Popular Reply

User Stats

17,029
Posts
13,368
Votes
Ned Carey
  • Investor
  • Baltimore, MD
13,368
Votes |
17,029
Posts
Ned Carey
  • Investor
  • Baltimore, MD
ModeratorReplied

@Steve S. of course you are right. If I put every exception in my posts, they would be as long as @Bill Gulley's 

The fast way to stop that is file a specific performance suit for a few hundred dollars. More than once I have stopped sellers dead, and saved some of my most valuable deals. Of course if they sell it before you realize it, you are back to the $10,000 that you mentioned.

  • Ned Carey
  • Loading replies...