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kahlua716
3 Girls for Me!
Member since 8/07 12475 total posts
Name:
Keri
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Appraisal
We were told we couldn't know the appraised value of the house- just whether or not it appraised for at least as much as we offered (we haven't found out yet if it has).
It doesn't make sense to me because we paid for the appraisal.
Is this the norm?
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Posted 6/26/09 9:30 AM  |
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Prudential Douglas Elliman Real Estate
Long Island's Largest Bridal Resource | Long Island Weddings |
imyself
Member since 10/06 2938 total posts
Name:
me
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Re: Appraisal
We had 2 appraisals done. One when we bought the house and one when we refinanced. Both times we were told what the house appraised for.
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| Posted 6/26/09 9:32 AM |
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JldDolphin
Member since 1/07 6929 total posts
Name:
Jen
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Re: Appraisal
We were given the paper work so we could see all the information and how they came up with our appraisal. That is wierd.  You are paying for it, you should get a copy of it. I would talk with your lawyer.
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| Posted 6/26/09 9:36 AM |
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babymakes3
Almost there!
Member since 7/06 7376 total posts
Name:
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Re: Appraisal
We have a copy of our appraisal with the comps and everything too. That is weird.
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| Posted 6/26/09 9:46 AM |
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-Lisa-
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Member since 5/05 6530 total posts
Name:
Lisa
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Re: Appraisal
Who told you that? The appraiser or your loan officer? As an appraiser, I can tell you that some of our clients specifically instruct us NOT to discuss value with the homeowner, but the loan officer should be able to provide the appraised value AND a copy of the appraisal.
There's no reason why you should not be able to know the appraised value.
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| Posted 6/26/09 10:06 AM |
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Re: Appraisal
When our house was appraised, we knew the amount within a couple of days. And when the house we were buying was appraised, it was the same thing.
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| Posted 6/26/09 10:17 AM |
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Nifheim
allo
Member since 1/09 5476 total posts
Name:
Jennifer
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Re: Appraisal
i want a copy of the appraisal so i can go to town hall and fight for a tax reduction. You should have a copy!
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| Posted 6/26/09 10:21 AM |
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headoverheels
s'il vous plaît
Member since 6/07 42079 total posts
Name:
LB
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Re: Appraisal
Posted by kahlua716
We were told we couldn't know the appraised value of the house- just whether or not it appraised for at least as much as we offered (we haven't found out yet if it has).
It doesn't make sense to me because we paid for the appraisal.
Is this the norm?
no, totally not normal, IMO - we are paying for our appraisal as well and i damn well better know what the house that WE are buying appraised for!
i would discuss this with your loan officer 
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| Posted 6/26/09 10:37 AM |
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jteach
2 and through
Member since 9/07 3939 total posts
Name:
Jess
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Re: Appraisal
You ABSOLUTELY get a copy of your appraisal.
We just got ours yesterday and it came in $30,000 less than accepted offer so now we have to wait and see what happens.
DH is a mortgage broker and unfortunetly appraisals are coming in lower than accepted offer price everyday. Good luck to you!
Message edited 6/26/2009 10:51:46 AM.
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| Posted 6/26/09 10:46 AM |
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cindy104
This is my "Baby"
Member since 6/08 1522 total posts
Name:
Cindy
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Re: Appraisal
Posted by JldDolphin
We were given the paper work so we could see all the information and how they came up with our appraisal. That is wierd. You are paying for it, you should get a copy of it. I would talk with your lawyer.
Same with us....but I do recall having to wait a little while for it. I think it was b/c they were waiting for the copy of the FINAL contract.
You are definitely entitled to know, and you should find out. You should also get a copy of it!
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| Posted 6/26/09 12:44 PM |
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Belladonna219
HOT MAMA
Member since 2/07 2642 total posts
Name:
Belladonna219
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Re: Appraisal
Posted by olliesmama
You ABSOLUTELY get a copy of your appraisal.
We just got ours yesterday and it came in $30,000 less than accepted offer so now we have to wait and see what happens.
DH is a mortgage broker and unfortunetly appraisals are coming in lower than accepted offer price everyday. Good luck to you!
Same here. Mine came in 40,000 less then the offer
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| Posted 6/26/09 2:02 PM |
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MrsUta
LIF Adolescent
Member since 2/08 771 total posts
Name:
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Re: Appraisal
Defintely should have a copy, since i believe you are paying for it...
They even e-mailed us the copy and we got it the same time our mortgage broker did...
Make sure you get it...
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| Posted 6/26/09 5:58 PM |
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MrsUta
LIF Adolescent
Member since 2/08 771 total posts
Name:
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Re: Appraisal
Posted by olliesmama
You ABSOLUTELY get a copy of your appraisal.
We just got ours yesterday and it came in $30,000 less than accepted offer so now we have to wait and see what happens.
DH is a mortgage broker and unfortunetly appraisals are coming in lower than accepted offer price everyday. Good luck to you!
Ditto mine came in only 5k less....the seller agreed to lower the purchase price by 5k! Thank goodness! :)
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| Posted 6/26/09 5:59 PM |
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