Are appraisers required to answer questions directed to them by the buyer of a home.?

Sunshine
Home Buyer
98503

The house we were purchasing was apprasied for about 30% less than any house in the neighbor hood has ever sold for. We had several questions concering the comps used and called as well as visited the appraisers office. He refused to address any of our questions.

Answers (2)
Don Dutton
Agent
Puyallup, WA

Appraisers conversations about their work are now severly restricted by Federal guidelines. In the past there was too much influence by lenders, Realtors and principals which was blamed for many over-appraisals. There is a backlash now. Follow James advice.

Tue Jun 16 2009, 16:34
James Hsu
Broker
Mill Creek, WA
FIRST ANSWER

If the lender hired the appraiser, talk to the lender and show them the comps and make your case to get a possible re-appraisal. The appraiser has no reason to talk to you since you are not his/her client..the lender is.

Mon Jun 15 2009, 16:42

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