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Can a Homeowner Challenge or Appeal a Home Appraisal?

Yes
88%
No
3%
No sure
7%
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Question: Can a Homeowner Challenge or Appeal a Home Appraisal?
Top Answer (88% of 51 votes): Yes.

Answer: Yes
Explanation: If the report is for a typical mortgage they can appeal it. However most homeowners and even real estate agents do not understand the appraisal process and requirements. Thus the appeals are generally not valid on that basis. If it is for a legal purpose a report can be challenged in court. Also a report is always subject to rules, requirements and regulations and thus challenged by filling a suit.
Solid Impressions Appraisals
Answer: Yes
Explanation: YES ALL WAYS WITH BETTER INFORMATION.
SAVVY REALTY & APPRAISALS
Answer: Yes
Explanation: By providing comparable sales that the apprasier have over looked. Such sales must have been available to the appraiser at the time of the inspection.
Wall Street Appraisal
ProMatcher
Answer: Yes
Explanation: First, it's important to consider if your opinion of value is unbiased? Is it what you WANT for the house, or what you KNOW it's worth? If you still believe your home is worth more than it was appraised for, you can challenge the appraisal. But - you must be prepared to point out mistakes the appraiser made in comparing other properties or by missing new or upgraded features in your home. These 3 steps won't guarantee the outcome you're looking for, but they should help protect against honest mistakes. http://bit.ly/2AvOWBb
Master Appraisal Services
Answer: Yes
Explanation: Yes, you can challenge an appraisal for several items, but not for Value. You must be able to see a clear error in thinking to challenge an appraisal. Most appraisals are not challenged, and most appraisers only work in areas they are familiar with.
Pamela Evans
Answer: Yes
Explanation: A homeowner does have the right to challenge or appeal a home appraisal, known as a rebuttal. If the appraiser did a god job and all of the information in the appraisal appears to be accurate it will be difficult to get it changed. There is a slight change that you may be granted a re-appraisal if in fact you can prove that there are errors within the appraisal. I personally have had two rebuttals and was not granted a re-appraisal on either. One buyer went with another lender (which came in at value) and the other we were able to negotiate the appraisal shortage amount between the buyer and seller.
Real Living Kee Realty
ProMatcher
Answer: Yes
Explanation: A homeowner may challenge and appraiser's opinion of value on their property.
Residential Appraisal Associates
Answer: No sure
Explanation: Not sure the context of the question. However, any homeowner can question or challenge an appraisal because an appraisal is an opinion of value. If a homeowner has additional data that is relevant, an appraiser has an obligation to review the information and determine if it is pertinent to his/her appraisal. However, a certified appraiser should not use any data that would sway his or her opinion of value unless it has relevance to the property being appraised. The final call is with the appraiser and not the property owner.
V.A. Solano & Associates, Inc.
Answer: Yes
Explanation: This is true for a mortgage situation, and in an assessment situation, or in an eminent domain situation, and it is probably true in most other situations.
Todd G. LiPira, SCGREA
ProMatcher
Answer: Yes
Explanation: I always welcome a homeowner's input and if they can provide me with the necessary data that will have an impact on the appraisal I will consider it and make changes if necessary.
buelow appraisal service
Answer: Yes
Explanation: The home owner may request clarification of the appraisal and changes of incorrect information.
Regina Heising-Certified Res. Appraiser
Answer: Yes
Explanation: Any appraisal can be challenged
AnDel Appraisals
ProMatcher
Answer: Yes
Explanation: This is always a homeowner's right.
Sacramento Valley Appraisal
Answer: Yes
Explanation: A homeowner has the right to challenge or appeal a home appraisal.
Provost International Realty
Answer: No
Explanation: They can request a revision, however the appraiser does not have to adjust his final opinion of value. The homeowner would have to order a second opinion, or have the original report reviewed.
LAKE AREA APPRAISAL FIRM
ProMatcher
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