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Appraisal came in lower than expected—now what?

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diver10
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(@diver10)
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Yeah, reconsiderations can definitely help, but honestly, appraisers often stick pretty close to their original comps. I've found that providing recent comparable sales they might've overlooked can sometimes nudge the valuation upward a bit... worth a shot if you haven't tried it yet.

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photo33
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(@photo33)
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"I've found that providing recent comparable sales they might've overlooked can sometimes nudge the valuation upward a bit... worth a shot if you haven't tried it yet."

Have you also checked if there were any mistakes or outdated details in the appraisal itself? One time, mine listed the wrong square footage and missed a bathroom remodel we'd done. Correcting those errors made a noticeable difference. Might be worth double-checking the report closely—sometimes it's the little things that help bump up the number.

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stevensinger
Posts: 10
(@stevensinger)
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Good point about double-checking details. Had an appraisal once where the guy completely overlooked a finished basement—like it wasn't even there. Had to point it out and get him back out there... boosted the value quite a bit. Worth a careful look.

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