Is A Low Appraisal Good For Buyer? A low appraisal could be very good for you as the home buyer — if the seller decides to lower the price to match the appraisal. However, you’re taking a risk when the appraisal doesn’t support the asking price. It could mean that the house is actually a
Can You Contest A Home Appraisal? Can you contest a home appraisal? An appraisal dispute involves challenging the value of a home as determined by an appraiser. To challenge an appraisal, you must have good reason to believe the home appraisal was wrong. However, the reasons for appeal can’t be emotional in nature. What can
What Does Uspap Say About Market Value? What does Uspap say about market value? Market Value is described in the Uniform Standards of Professional Appraisal Practices (USPAP) as “a type of value, stated as an opinion, that presumes the transfer of a property (i.e., a right of ownership, or a bundle of such rights), as