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By Jon Kolsky | Agent in Long Beach, CA

The Appraiser- “I Can’t Speak To Directly?

The Appraiser- “I Can’t Speak To Directly?


I received a letter from my mortgage company with my appraisal; “the wording in the letter has me concerned”

(This appraisal is being forwarded to you in compliance with the Equal Credit Opportunity Act, Truth in Lending Act and other requirements as published by Fannie Mae, Freddie Mac and HUD. The appraisal was completed for mortgage purposes only and should not be relied upon by any other person or entity. We do not make any representation or warranty of any kind, and we expressly disclaim any liability to any person or entity with respect to the appraisal.-In addition, please be advised that an appraiser must follow certain professional appraisal standards and is not allowed to discuss the appraisal with you.) 

“I have to pay for something (the home), but I am not allowed to question the appraisal? If this is true, please explain.  Also, I did some of my own investigation online on appraisals and discovered "buyers and sellers are allowed to talk to the appraiser." That does not seem right, does it? 

***I agree this is a bad situation, but there is some recourse. The buyer pays for the cost so that the seller is not the one paying for the appraisal of the value. The appraiser works to shield the interests of the lending institution issuing the debt, but it is for sure in the best consequence of the buyer to make sure the home is meriting what they are acknowledging to pay for it.

"Yes" it is true agents can meet the appraiser at the property- There are instances at which point the selling agent will propose Comps to the appraiser to review, "however" brazen appraiser will take anything like that and apply it if it is relevant. You can request to be at the property when the appraiser is there and observe what they put forth.

Your real estate agent helping you should be qualified to clarify this to you and don't forget- You can dispute the appraisal through your lender they are the responsible and the ones who request the appraisal, "however" neither you and not your lender can speak with the appraiser straight.



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5320 E 2nd St #8, Long Beach, CA 90803

License: 01311273   Phone: 562-225-2296 | Fax: 562-439-0511

Email: jmkinfo66@gmail.com

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In any Real Estate market you need a highly seasoned REALTOR®. Jon Kolsky is an exclusive Long Beach REALTOR® adding the unique touch as an investor in Real Estate; Jon understands what it takes to be a long-time successful investor in Real Estate. Jon understands Long Beach; “he’s the go to REALTOR® specializing in Long Beach Real Estate: Downtown Long Beach, Belmont Shore, Naples, Park Estates, Bixby Hill, Signal Hill, Wrigley Heights, Alamitos Beach, Lakewood Plaza, Seal Beach, Rossmoor, Los Alamitos, Huntington Beach 

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By Suzanna Woodhead,  Sun Dec 2 2012, 18:25
Great info
By Jon Kolsky,  Tue Dec 4 2012, 09:39
Suzanna~ thank you for the nice compliment...

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