Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 15 years ago,

User Stats

129
Posts
5
Votes
Nancy Dito
  • Real Estate Investor
  • Mission Viejo, CA
5
Votes |
129
Posts

Appraisers - what recourse when they don't do a complete evaluation

Nancy Dito
  • Real Estate Investor
  • Mission Viejo, CA
Posted

We are selling our home and the bank requested an appraisal.

The appraiser only used 1 comp and it was a REO - thus causing our property to be valued $25,000 below market value. Even though there are 3 other properties within a 1 mile radius that sold for what we think our house is worth.

What recourse do we have??? We are going to loose our buyer if we don't get this fixed.

Thanks,
Nancy

Loading replies...