Not giving legal advice, but there is a common misbelief that contacting the appraiser is illegal. The law is against influencing the appraisal not speaking with the appraiser. Nothing illegal in speaking to theappraiser, just don't influence him. Either you or your agent can contact him. The question will be whether or not he will speak to you, in detail, about the appraisal. If you paid for the appraisal, you are entitled to a copy as it is your appraisal. Additionally, if you paid for it, chances are good that the appraiser will spend a bit of time speaking with you about it. It all depends on the appraiser as they are not obligated to do so.
Normally, there is a clause in the purchase contract requiring that the property "appraise". Sometimes this clause is for financing purposes, but it can be in your contract whether or not you are financing.. Check your contract.
If the property did not appraise, your agent should be reviewing the appraisal for errors. Actually, better yet, at the time of the appraisal, as an agent, I would have provided documentation to the appraser of comparable properties, I used to help you determine value for use in the negotiation. The appraiser will normally review this information during his appraisal. It can be very helpful to the appraiser.
Lastly, understand that as long as the appraisal comes in at a higher value than the contract price, the appraisal did it's job in qualifying the property for the sal price. Appraisers do not typically appraise a property for much higher than contract price. Appraisals that are much higher involve risk for the appraiser.
BRIAN A. MCGREEVY
Broker/Owner, REALTOR, MBA, GRI, RRS, ABR, AHWD
2007, 2008, 2009 & 2010 Best in Client Satisfaction
Five Star Award Winner
Sarasota Home Realty
2100 Constitution Boulevard
Sarasota, FL 34231 http://www.SarasotaHomeRealty.com
Phone: (941) 544-6763
FAX: (941) 866-7588