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Updated about 5 years ago,

Eli M.'s profile image
Eli M.'s profile image
Eli M.
  • Investor
  • from Brooklyn, NY
  • Member since May 25, 2014
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User Stats

231
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12
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Eli M.'s profile image
Eli M.'s profile image
Eli M.
  • Investor
  • from Brooklyn, NY
  • Member since May 25, 2014
Connect
Eli M.
  • Investor
  • Brooklyn, NY
12
Votes |
231
Posts
Private Lending & Conventional Mortgage Advice

Appraisal is too low

Eli M.
  • Investor
  • Brooklyn, NY
Posted

Dear BP family,

My appraisal came in lower than I expected.

What is the best course of action now?

For the future, can I ask the appraiser to send me the draft before he submits it to the bank?

In case the new appraisal is higher can I sue the old appraise?

Thank you all in advance

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