This post on appraisal problems and appraisal solutions is from Alabama but it sounds like most of it applies perfectly to Arizona appraisal problems as well.
- Appraiser did not include my updates
- Appraiser did not know my area
- The recent FSBO sale down the street was not included in my appraisal
- Appraiser did not come into my house
Have you had a problem with an appraisal? Please talk about it in a comment below.
FYI, it’s been my experience that Arizona appraisals done for refi loans come in a lot lower than appraisals done for purchase loans but I don’t quite have the “why” figured out. Is it because Arizona appraisers just want to make their clients happy?