Adolfo "A.D." Diaz
Appraisals are ordered thru AMCs (Appraisal Management Companies) these days to be in compliance with all the HVCC (Home Value Code of Conduct) regulations, the brain child of Gov. Cuomo from NY. This has cost America Billions in Lost Equity over the past 6 yrs.
These regulations have also devastated the Appraisal Industry, driving thousands of knowledgeable and experienced appraisers out of business.
Now days the appraisal order is basically put up for action to the lowest bidder or offered to appraisers at such low compensation that it attracts appraisers who just put a low value on anything they do to stay in compliance.
NOTE: this is not always the case, but its what happens
Once the report is completed & you feel there was an error you can dispute the value although you will need to be able to provide data that contradicts the value the appraiser came up with.