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Updated about 3 years ago on . Most recent reply

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Shiloh Lundahl
#4 Starting Out Contributor
  • Rental Property Investor
  • Gilbert, AZ
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What are your favorite tips to influence an appraiser/appraiser?

Shiloh Lundahl
#4 Starting Out Contributor
  • Rental Property Investor
  • Gilbert, AZ
Posted

The title is supposed to read an appraisal/appraiser.

Hey everybody, have you ever bought a property, ran the numbers, and figured out what your cash on cash return should be, or what your profit should be on a flip?  Then, the appraisal comes back $20,000 or $30,000 (or even more) lower than expected according to what the sales comparables show?

If you know how frustrating it can be to have an appraisal come in low, then you’ve probably tried to figure house something you could do to change or influence it in some way. What have you come up with or what have you done in the past, or what do you do now, in order to influence an appraiser to give you a beneficial appraisal?

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Joe Villeneuve
#4 All Forums Contributor
  • Plymouth, MI
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Joe Villeneuve
#4 All Forums Contributor
  • Plymouth, MI
Replied

A bottle of Disaronno.  That's not for the appraiser, that's for me after a low appraisal comes in.

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