Client Asking For Response To Rebuttal To Be Placed In Original Report

[residentialguy]

The appraiser can request that the third party provide and explanation as to what is wrong with the analysis contained in the report, and why they feel their comparables are better. I started doing this years ago, because what was happening was a substantial amount of what was being provided was already addressed in the report, meaning the third party read the report. So what could happen is endless requests because that third party wouldn't pay attention to anything the appraiser was saying or doing. Once the third party actually had to read the report, and/or provide explanations, the issue would quickly be settled.

Exactly! I do the same and charge if they don't. The lender does not have the luxury to pass the buck, knowing fair well that comps from some salesman are biased and will push in their favor. The sales need to be analyzed. FNMA dictates that they do that prior to sending comps to the appraiser. They all have an appraisal department or AMC...they need to utilize them. Appraisers that don't stand up to this type of value push, and this includes you @Denis DeSaix ...you hurt everyone by giving that expectation.

 

[Amy Perkins]

The AMC doesn't want to get blamed for the low value and maybe the loan officer is accusing the AMC of not requesting the reconsideration of value to the appraiser.

 

[residentialguy]

The AMC doesn't want to get blamed for the low value and maybe the loan officer is accusing the AMC of not requesting the reconsideration of value to the appraiser.

What's that have to do with anything? Bottom line, they have to have a valid case to present the appraiser.