Posted on: 27th Sep, 2009 09:25 am
can an appraiser rescind her appraisal after closing on a cash-out-refinance?
I do not think it is not legal to do so.
What is the poitn of doing this after closing
What is the poitn of doing this after closing
closing means both the parties are ageeing to contract. after closing both have to follow it. there is no point in going back
i have no notion of what your post means, cyenthia. whatever the appraiser does or doesn't do won't have any impact on a loan that has already closed. but how or why would you have any information on such a thing happening? is this another of our trick questions that we see way too many of?
surely the appraisal is just a tool used by the lender to establish the value of the property so they can determine whether cash-out refinance is applicable?
did you want to try and get a higher appraisal or something?
did you want to try and get a higher appraisal or something?
it's pretty apparent that our original poster isn't coming back to respond.
Looks like our original poster is satfied with the response from the memebers
yeah...cyenthia's in particular, i'm sure.