Should there be $30,000 difference between appraisals done 18 months apart
Should there be $30,000 difference between appraisals done 18 months apart
Three appraisals. $260,000 Nov 2013, $240,000 Feb 2014 and now $230,000 July 2015. Why such a big change when the market has not changed in our area. Makes me think that there is something fishy going on. Makes me not trust appraisals at all
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The market changes
If you can show comparable sales of homes like yours that justify a higher appraisal
you can always appeal the value - for most of the country thats not a big change but given the timing it is suprising to see things go down - most areas are in an upswing now
Brian Barnes
Nationwide Loans
Brian@AimWithFocus.com