Timeline for How can I challenge or confirm a shady home appraisal?
Current License: CC BY-SA 3.0
13 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Aug 22, 2013 at 2:30 | answer | added | Benjamin Chambers | timeline score: 1 | |
| Aug 20, 2013 at 12:56 | vote | accept | SaulBack | ||
| Aug 20, 2013 at 12:39 | comment | added | C. Ross | In my experience the bank's appraiser usually leans a little high, to allow people to qualify for the loans in the first place. There is no rhyme or reason to tax appraisals as far as I know. | |
| Aug 20, 2013 at 11:42 | comment | added | THEAO | I answered it anyway. I realized that I could explain it without pointing out to you how the appraisals were different specifically... you'll see that the appraiser just used different properties to justify their final value. | |
| Aug 20, 2013 at 10:01 | answer | added | THEAO | timeline score: 5 | |
| Aug 19, 2013 at 18:12 | history | tweeted | twitter.com/#!/StackFinance/status/369522296496476160 | ||
| Aug 19, 2013 at 16:46 | answer | added | mhoran_psprep | timeline score: 3 | |
| Aug 19, 2013 at 16:35 | comment | added | SaulBack | I'll request copies and I'll update the question with info. May take a few days/weeks to get the appraisals. | |
| Aug 19, 2013 at 16:28 | comment | added | THEAO | First, you should request a copy of each of the appraisals.... Once you have those, (or if you already do) can you give a little more insight as to how they calculated it? Generally speaking any appraiser should be justifying their analysis based on one of three approaches: (1) sales comparison, (2) cost to replace, or (3) value in use. If you have the details on what your two (three) appraisals used I can give a good answer. | |
| Aug 19, 2013 at 16:18 | history | edited | MrChrister | CC BY-SA 3.0 |
added 29 characters in body; edited title
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| Aug 19, 2013 at 15:57 | comment | added | im so confused | Appraisal by entity X to maximize profit for entity X? Welcome to business haha but seriously, all appraisals (auto insurance adjusters etc) will attempt to maximize their own profit, and generally the competing interests will (hopefully) even out to a more reasonable level | |
| Aug 19, 2013 at 15:37 | review | First posts | |||
| Aug 19, 2013 at 16:28 | |||||
| Aug 19, 2013 at 15:19 | history | asked | SaulBack | CC BY-SA 3.0 |