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From the Forum – Question about Appraisal for Refinance

by Prince Of Petworth June 17, 2014 at 2:10 pm 23 Comments

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Photo by PoPville flickr user vpickering

Question about Appraisal for Refinance:

“Have any of you ever successfully challenged the appraised value from an independent appraiser? I thought I was right on track to refinance my home (of just under a year – but that’s another story), but instead the appraisal came in 3% lower than it did last year. Should I just drop it? Or, does it seem unlikely that given the steady increase in DC housing prices that the assessed value is offbase. What would you do?”

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