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Updated over 4 years ago on . Most recent reply

User Stats

91
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92
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Michael C.
  • Investor
  • New York, NY
92
Votes |
91
Posts

Do appraisers check the lot line for the subject property

Michael C.
  • Investor
  • New York, NY
Posted

Hi all,

We are in contract for a property and just discovered part of the house may sit on a separate lot owned by another party. Property is located in Gatlinburg, TN.

We just checked the county website and discovered it.

Question- does an appraisal check to make sure a house actually sits on the lot you are buying? The current owner has an appraisal that says the property is worth $X, which is impossible if part of the house is on a different lot.

Most Popular Reply

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909
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1,612
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Avery Carl
  • Real Estate Agent
  • USA
1,612
Votes |
909
Posts
Avery Carl
  • Real Estate Agent
  • USA
Replied

@Michael Chang the Sevier county tax records are terribly unreliable. Appraisers also do not check the lot line, you’d need to get a survey to check exact lot lines.

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