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Appraiser Influence

Started by Pawn_Harvester
over 14 years ago
Posts: 321
Member since: Jan 2009
Discussion about
Is it possible to influence an appraiser for the bank either up or down? For instance, by pointing out the issues (positives) with a property for downward (upward) pressure. Or by simply suggesting the price should be higher or lower? Many thanks.
Response by bramstar
over 14 years ago
Posts: 1909
Member since: May 2008

Appraisers are deal guys. For the most part, at least from what I've experienced personally and heard anecdotally here in Manhattan, they will appraise a property at or around the price it's in contract for. Of course, this is barring any major problems (lack of a working kitchen, for example).

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Response by Pawn_Harvester
over 14 years ago
Posts: 321
Member since: Jan 2009

Thanks. Do they get that information pre-appraisal?

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