Challenging a mortgage appraisal
Annarbor Appraisal
SEPTEMBER 6, 2020
Even though the lender is the client, the borrower is by regulation, required to be given a copy of the appraisal report. When a sale is involved, the valuation may be lower than contracted price. Lenders offer a formal “Reconsideration of Value” (ROV) process. Sometimes errors occur since humans are human.
78 
Let's personalize your content