Your appraisal is the dollar value assigned to your home by a real estate professional. It alone determines the value of your property and what others are willing to pay. Or does it? According to TexasLending.com, the appraisal is not necessarily a fixed number and it is possible to successfully dispute a lowball estimate. Here’s how:
Investigate every detail.
If you’re not happy with the value the appraiser has noted, TexasLending.com experts suggest taking the time to study his or her notes meticulously. Separate the appraisal into two distinct categories: the home’s determined value and the data that value was based upon. Look at every detail and check for errors. Appraisers are, after all, human, and may miss something in their review.