Episode 099 - Successfully Challenge an Appraisal

It’s the holidays and we wanted to give you a gift. One of the most commonly asked questions is how to challenge an appraisal. In this episode, Brian talks about the do’s and don’ts to working with an appraiser. Listen closely because Santa is checking his list.

 

SHOW NOTES

• 01:35 – It’s the gift giving season. Brian has something for you.
• 02:00 – How to successfully challenge an appraisal report.
• 03:00 – To effectively make a change and have input, get information before they finish their appraisal report.
• 04:20 – Appraisers can talk to agents about the appraisal process. Appraisers are collecting data. Communicate with each other. It’s okay!
• 06:40 – No rule that says the appraiser must talk to you.
• 07:14 – Once appraisal report has been written, the appraiser is very limited in what they can talk to you about.
• 08:22 – Communication can only happen through the lender and that is very difficult to accomplish. Don’t try to change the report after the fact.
• 09:30 – If you want to try to change the report after it has been written, you will need facts to make a change.
• 11:20 – Brian’s gift: communicate with the appraiser BEFORE they write the appraisal report.
• 13:02 – Appraisers: Be nice, accept the agent’s information, and look at it.

 

BETWEEN THE LINES LINKS

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