What I'm not sure about is that you say you paid the lender (lender A) $125 for the appraisal; hmmm. $125 even if it WAS on a paper towel, it's still cheap (in MY opinion) unless the lender paid over and above that. Now, you're going to another lender (lender B). Whether or not its 100% completely necessary, the appraiser SHOULD get a signed release from the first lender. THEN, if it is a "full" appraisal with photo addendums, attachments, etc. which USUALLY have the lender's name (in this instance lender A's) all over the attachments, the appraiser has to change the name/names and print out the report (including photos - maybe digital, if not, get reprints and mount) then pay postage OR spend time hand delivering the report. Sorry, worth AT LEAST another $125 to me. Short story - I just did a 4 family dwelling three weeks ago for a good client (bank) and gave them a little break on the fee (should have been $650, I charged them $575) - which the borrower pays anyway, so actually, I gave the BORROWER a break. Low and behold, I get a call from my client telling me they are turning down the loan because of VERY BAD credit (I didn't just say that), at any rate, the borrower is going to another lender and asked my client if I could change the "papers" - which consists of about 15 pages MOST of which have the first lenders name on and reprint the digital photos and get a release letter, all of which takes time (start to finish, maybe about an hour and then mail (express or fed-ex which will cost ME about $15 give or take. I said OK, I'll do it for $100 (net $85). Borrowers said TOO EXPENSIVE. My reply was, "They can afford $100,000 for a property, they can AFFORD to pay another appraiser another FULL fee". I'll bend and twist a little for anyone, especially if it is someone who REALLY can't afford it, but give me crap and I'll cut off my nose to spite my face.

Notice? No nose.