HOW DO YOU APPEAL A BAD, LOW OR FLAWED APPRAISAL SO YOUR DEAL DOESN'T DIE? - 11/17/09 11:46 AM
Here is what you need to do to fight a bad, low or flawed appraisal.
First I must say not ALL appraisals are flawed and not all appraisers are incompetent like so many seem to think these days....but there are many appraisers who do not belong in the areas where they are appraising and there are many who just did not learn the proper way to appraise.
So here goes, pass this along to everyone you know, feel free to repost this blog, it will help!
1. Get a copy of the appraisal first. The borrower is by law supposed to … (14 comments)

Does your local appraiser know how to appraise BLIND? - 11/17/09 08:37 AM
No I am not talking about walking around with blinders on while appraising. I am talking about appraising with NO numbers given to the appraiser ahead of time, no estimates of value, no loan amount, NOTHING!
 

 
Forever, Appraisers have been given numbers to HIT so to speak, when they were given the appraisal assignment by the Banks, Brokers, Realtors, Sellers, Buyers. Now due to HVCC this is not allowed!
So what does that mean for the Appraiser? Well it means that they are left to their own devices and abilities to chose the right comparable properties and how to accurately analyze the market … (7 comments)