George Wynn
Freshman Member
- Joined
- Nov 15, 2006
- Professional Status
- Certified Residential Appraiser
- State
- North Dakota
I have a home that I personally flipped & am posing a question I have encountered. Buyer doing FHA financing. Purchase price over 100% of prior sale price & length of ownership by me between 90 & 180 days. This triggers need for 2nd appraisal, which cannot be paid for by buyer. I paid second appraisal fee, as per lender requirements. My question is... does a buyer get a copy of the appraisal on their home because they paid for it? Secondly... if that is the correct rationale, am I entitled to a copy of the 2nd appraisal? I am obviously not entitled to the 1st appraisal copy, but, if paying for an appraisal is the reason for the customer getting a copy, then I am entitled to the 2nd appraisal copy. I have posed this question to the Denver HOC & have not heard back, as of yet. Any feedback would be welcome![Shrug :shrug: :shrug:](/forums/styles/default/xenforo/smilies/shrug.gif)
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