I recently contacted my bank to refinance my house, and of course they ordered an appraisal. The problem is that there are factual errors that the appraiser supposedly won’t fix, and I am wondering where I go from here. This is in a New York City suburb. When I reviewed the appraisal, I noticed a number of errors, both in facts about my house, and in the houses chosen as comps. I went over these issues with my loan officer, who then asked the appraiser to address my comments. After a couple of week, my banker told me that the appraiser is standing behind his work product, and that there was nothing he could do – that he didn’t pick the appraiser (who was randomly selected from a pool), and that I had no recourse. Is it true that I have no way to resolve this matter? The errors I noticed included: 1) Undersized my house by 250 square feet - 1,500 square feet compared to 1,750 square feet. The town’s Building Department and work permits I have filed for renovations have the correct numbers, so I’m confident the 1,750 is right. The comparable houses are all at the undersized square footage. 2) Ignored recent sales (within 4 months) close to my house, but of larger houses than mine (over 2,000 square feet), in favor of older comps (between 6 and 12 months old) of smaller houses (1,500 sq. ft. because of the square footage error above) a little further away. Because these comps were older, there was a -10% adjustment for market conditions across the board. 3) On page 2 of Fannie Mae form 1004, he adds value to one comp for having less bedrooms than my house (3 vs. 4), but subtracts value for another 3 bedroom house. I had to read that few times to make sure because its so strange, but thats what he did. He also seemingly randomly adjusted the value for kitchen and bath adjustments, anywhere from 0 to $10,000, and listed all of the comps as having new kitchens. I did a gut renovation (down to the exterior studs of house) of the kitchen and first floor bathroom less than a year ago – new electric, plumbing, windows, appliances, etc. I really doubt that all of the comps had new kitchens. 4) Choose comparable houses on main traffic streets – the street I live on is not a main street, but the street does become a main thoroughfare when it crosses a main cross street a block away. 5) One of the comps is on the same block as an elementary school, with the school yard directly behind the comp’s backyard. Another comp does not even have a useable backyard at all. Both of these conditions can be clearly seen on Google Maps. Since my banker is saying there is nothing he can do, is there anything I can do? Can I contact the appraiser directly or file a complaint about him somewhere? Do I have to pay for a report which contains factual errors such as these?