If a real estate appraisal comes in too low, it doesn’t necessarily mean the appraiser made a mistake- but it might.
The following is a short video explaining what to do if you actually A few months ago, we did a post on how to spot a bad real estate appraisal. The following short video explains how to formally present your concerns and questions to coerce the appraiser to take a second look. We’ve also put together some simple fill-in-the-blank templates to make this process as easy as possible- download links can be found at the bottom of the page.
Challenging a Bad Real Estate Appraisal Templates: Template 1 Template 2
Jonathan Montgomery Founder and President of the The Real Estate Appraisal Group.He has been a real estate professional since 1998. He’s been a broker, and investor and now serves as an appraiser. He currently works as an appraiser, doing real estate appraisals in Washington D.C., Southern Maryland, and Northern Virginia.
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Hi Jonathan — I want to watch the video on what to do if there’s a bad appraisal — your screen says I should sign in — sorry, but I don’t see where I’m supposed to sign in. Can you give me some help with this? Many thanks, Karen Maury Kare
Hello Karen, It’s odd your being asked to sign in. Here is direct link to the video: https://www.youtube.com/watch?v=7lQT-p72UZc . Look in the video description for a download link to for the appraisal challenge templates. Hope this helps!