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Appraiser lying on appraisal

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Icon Mini Profile matt1





Joined: 21 Nov 2011

Posts: 1

1.35 Dollars($)
Post Posted: Mon Nov 21, 2011 6:29 am    Post subject: Appraiser lying on appraisal
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I'm currently looking at a refinance and had an appraisal done. The lender has provided me a copy of the appraisal and I noticed that the appraiser said they had performed a head and shoulder inspection of the crawl space under the house. The crawl space is located under the house off one side of the basement. The problem is the appraiser never went into the basement so he could not have performed an inspection of the crawl space. Is there any recourse for the appraiser lying on the appraisal? Should I report him to any state or federal agency? This makes me wonder what else on the appraisal is not correct or was not done properly.
Icon Mini Profile smithsussane
smith.sussane




Joined: 18 Sep 2008

Posts: 10382
Location: Alaska
976.66 Dollars($)
Post Posted: Mon Nov 21, 2011 8:17 pm    Post subject:
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Hi matt!

Welcome to forums!

You can inform the lender about the error in the appraisal and check out if a second appraisal is possible. You can contact an attorney and take his opinion whether or not you should take any legal actions against the appraiser.

Feel free to ask if you've further queries.

Sussane
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