Appraiser requesting Inspection Report - Should I?
Hi BP members,
Need your advice.
I am in the final phases of a feasibility period for a 12 unit multi-family Class C property. The appraiser from the bank asked me to send the Inspection Report (which I had gotten done on the property at my expense) to him. I am debating whether I should do that since I dont want the content of the inspection report to color his opinion. On the other hand, I dont mind giving the appraiser an extra data point to validate his findings. My realtor discouraged me to share the inspection report.
What is the normal practice when purchasing a multi-family - is this a typical request? What are the pros and cons of sharing the inspection report?
Please let me know,
Thank you in advance for your view points.