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Do I contact the appraiser directly regarding errors on the appraisal report?

by l.montano382 from Taylor, Arizona. Dec 3rd 2015 Reply


Gary Ardesson (gardesson)
#102 ranked lender in Arizona - 7 contributions

Your lender should be doing it for you if it will indeed affect the final value. In some cases - they will not if the error will not change the value.Gary Ardesson928-302-5156Mohave State BankLake Havasu City, AZ

Dec 3rd 2015
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William J Acres (William_Acres)
#73 ranked lender in Arizona - 8,726 contributions

Your lender has a quality control process where the appraisal is underwritten and checked for errors... But this is only in regards to lender specific requirements.. if you feel there is a discrepancy in the valuation, there is a formal process to dispute it.. but you need to have additional supporting comparable properties to do so.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com NMLS# 226347

Dec 3rd 2015
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Dan Paladin (dpaladin)
#1 ranked lender in California - 589 contributions

Speak to your loan officer who is handling your loan and he or she should guide on the process that may be available to you. They would have a value dispute process if that is the concern.

Dec 4th 2015
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Joe Metzler (JoeMetzler)
#1 ranked lender in Minnesota - 3,944 contributions

It may sound weird, but it isn't "your" appraisal. It is the lenders appraisal. If you have any issues, contact your Loan Officer. Next, most homeowners don't fully understand reading the appraisal. I take calls what seems like every week where someone is complaining about an error on the report, when in fact, it isn't an error at all.

Dec 7th 2015
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