Seller & Lender communicated to have appraisal raised

[Gerich Fellermann]

Hi all,

I am working on a turnkey in Kansas City, MO and the appraisal (ordered by me through company referred by Lender) returned an appraisal that was $21k below the contract price ($162k ->$141k).  The seller then communicated with the lender to add additional comps which led to a revised appraisal $6k higher.   The TK provider is asking for a sell price at an additional $2k over the revised appraisal or $8k over the initial appraisal.

I have had good communication with the TK provider, they have been patient as I navigate this 1031 exchange as a new investor, and have no reason not to trust them, but this seems odd.

I have read posts here on BP about tips for getting an appraisal revised, so I understand it is advantageous for the seller, but how wary should I be as the buyer?   

Also for the record, 

- this would be an out-of-state purchase & rental & management so trust in the integrity of all systems being established is important.  The TK provider has a good reputation here on BP and has given no other reason to pause.

- this is a 1031 and we are outside of our 45day identification window so it's pretty much this property or taxes.

Normal?  Not so normal?   Red flag?

Thanks in advance for any thoughts,

G