Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
First-Time Home Buyer
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 1 year ago,

User Stats

9
Posts
1
Votes
Jenny Ng
1
Votes |
9
Posts

Listing Agent Denied 2nd Bank's Appraisal Request and Blocked My Agent's Number

Jenny Ng
Posted

Hi, I have been under contract since 9/15 and my 30 days to get a bank commitment letter is due this Sunday but really 10/13 (Friday). The listing agent has been unprofessional and ethical since the beginning. This is the listing agent’s own business so there’s no one else I can reach out to at the business to complain or ask for help.

I was working with Bank 1 since the beginning but I decided to go with Bank 2 about two weeks ago. Bank 2 tried to schedule an appraisal with the listing agent last Friday (10/6) and she denied the appraiser access because according to her, an appraisal has already been done with Bank 1. Is this legal?


My lawyer already told the seller’s lawyer that I am moving forward with Bank 2.

I did not order the appraisal from Bank 1 and they didn’t cancel on time so it was done anyway without my approval. I confirmed with Bank 1 that my application was cancelled and I will not have to pay for the appraisal.

The problem now is the listing agent initially denied the Bank 2 appraiser access to do an appraisal which is now delaying everything. Today (10/9), my lawyer communicated with the seller’s lawyer and the seller’s lawyer said the listing agent will NOT show the apartment to the Bank 2 appraiser. Instead, the appraiser can get the key themselves at the business. I don’t even know if this is something the appraiser can and will do. I imagine it’s not their job! 

The listing agent also BLOCKED my agent’s number so my agent cannot reach her.  The listing agent also relisted the property back to active sale on all sites as of 10/4.  Meanwhile, we are still under contract.  Is this legal?

Bank 2 has not scheduled the appraisal yet and the request has been expedited. My concern is that the appraiser cannot get access to the apartment. The listing agent is actively sabotaging this sale and I don’t know what we can do about it. Please advise.  Thank you. 

Loading replies...