Appraisal Fair?

I just had a home that did not appraise and in my opinion was done by an inexperienced appraiser. I am sure many of you have had similar experiences in the current market.

I would value the opinion of other professionals as to the value of a beautiful mountain view and tons of upgrades done by a builder as opposed to homes without views and basic laminate and vinyl flooring. One home had already been adjusted $82,000 by the builder and the appraiser adjusted the price a further $80,000 in the same subdivision...it lcosed on 09.30.07 It had the same incentive as the subject house that didn't appraise. He actually adjusted a home that was 1694 square ft , basic house no views, that closed on 10.30.07 to a higher price than the subject property with a total square footage of 1964 sq ft, fully upgraded, three car garage,  and one of the best views in the subdivision.

I am sure many of you are having a similar experience and need experienced Appraisal Professionals in the current market. Unfortunately the bank does not perform a reappraisal, so my client is out of a house. There are two more homes that appraised that will close on the next three weeks for more money.

• Rate this Post!

  Select Your Rating:

  • 5 Stars (Excellent!)
  • 4 Stars
  • 3 Stars
  • 2 Stars
  • 1 Stars (Poor)

• Share this Post

  Share With A Friend:

  Your Name Your Email

  Friend's Name Friend's Email

  Optional Message

  Send

• Print
• Social Bookmarking

  Add to Bookmarks: