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Updated 6 months ago on . Most recent reply

User Stats

92
Posts
51
Votes
Damein White
  • Rental Property Investor
  • Cleveland Ohio
51
Votes |
92
Posts

How to deal with a bad appraiser

Damein White
  • Rental Property Investor
  • Cleveland Ohio
Posted

So my appraiser came and did my appraisal but from the jump he was letting me know we are not cool he didn’t like i did accent walls, he didn’t like i had a mini split in each room he said i should just get a furnace. He told me he was going to not comp my house for my area but the city i stay in so many words. I just stop talking and just followed and spoke when spoken to 

And he low balled me 

Mind you i have a new kitchen new bathroom room all new plumbing and electrical i gutted this house to the studs and my house is almost $40k lower if sold at this price cheaper then lowest house over here that sold 

Most Popular Reply

User Stats

97
Posts
81
Votes
Chris Barrett
  • Investor
  • Madison WI
81
Votes |
97
Posts
Chris Barrett
  • Investor
  • Madison WI
Replied

This is what I do ^^ every time. I've had 50% bad appraisers vs competent ones. I dispute every time up to ordering a new appraisal. I'm also not afraid to tell the lender that the appraiser is wrong and that I'm not interested in working with them again. 

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