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My appraisal seems much lower than comparables in my neighborhood. How do I correct this?

  • May 17 2009 - Brentwood
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Answers (4)

You can ask for a second opinion...   though you will most likely have to pay for it.......You didn't state if you were selling and/or buying.. and the only other recommendation I can give is:I also highly recommend that you contact a knowable agent ("REALTOR") with in your area to help list and sale your property and/or find you a property.... as they will be more knowlegable as to the Federal law and State Laws that will apply to both the seller and/or the agent for that area.. 
  • July 07 2009
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your current appraisial has to include Foreclosures under new rules.

St Louis County appraisials are somewhat higher than market values, anyway.

jim@jimfitchhomes.com

Regards,

Jim
  • July 07 2009
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Who did the comps?  Was it your listing agent?  They sometimes over price things just to get the listing...unless you just like to see no activity on your property and have it sit there for god knows how long.
  • May 18 2009
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Ask the appraisal for the comps they he has has used. Provide them with what you think are the appropriate comps. I would also include the details of any updates/renovations done in the home that would impact the value of the home.
  • May 18 2009
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