Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago,
Can I give Comps to an appraiser?
I recently had an appraiser cancel my appraisal with the bank claiming "undue influence." And that I "demanded they be considered."
Now I know the "demanded they be considered" statement is false (because I didn't) so I'm wondering if he just wanted out of it or if I actually violated the process.
I have a duplex I am refinancing and the appraiser assigned asked for info on the rent and improvements made. I said I would email him a packet with all of that information along with other details regarding the property. He said great.
I sent him a packet that included all of the details about the property, the lease amounts, how much I bought it for, what work I did in renovations, before and after pics, and comps my agent pulled along with my estimate based on those comps what the ARV was.
Did I do anything wrong by providing the comps in the packet??
I've done this before and the appraisers where very appreciative and even included a lot the info in their final reports.
Thank you in advance!