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Answers (3)
- DiamondFundingCorp
- Contributions:454
need to look at the comps the appraiser used and compare them to comps you find on sites like Zillow. You can also ask your local realtor to find comps for your home and give their opinion.
- Martin Wareing, "Martin Wareing"
- Contributions:3772
ADB,
If you are attempting some type of financing... TROUBLE... on the market and sold are 2 way different things. If you are thinking you were "duped" out of $90,000 in valuation (22.5% in 2 months????) You may need an attorney... HVCC was not in place... so your complaint would be collusion... however, that too would be a tough hill to climb.
If you are attempting some type of financing... TROUBLE... on the market and sold are 2 way different things. If you are thinking you were "duped" out of $90,000 in valuation (22.5% in 2 months????) You may need an attorney... HVCC was not in place... so your complaint would be collusion... however, that too would be a tough hill to climb.
- Lynda Mckenzie, "Lynda Mckenzie"
- Contributions:161
If I am not mistaken, usually when a home was purchased within the last 12 months, the lender will use the sales price of the home. Not sure if this has changed as I do not run into this situation very often.
Did you also try typing your home address in Zillow to see what the estimate of value would be? Go to the homes section, type in number, street, state.
Did you also try typing your home address in Zillow to see what the estimate of value would be? Go to the homes section, type in number, street, state.
What should I do if I get an appraisal on my home that I believe is significantly below the market.
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