Skip to content
×
PRO Members Get
Full Access
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime.
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
10+ investment analysis calculators
$1,000+/yr savings on landlord software
Lawyer-reviewed lease forms (annual only)
Unlimited access to the Forums

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 10 years ago on . presented by

User Stats

15
Posts
3
Votes
Mark Phillips
  • Investor
  • Bethlehem, PA
3
Votes |
15
Posts

Re-appraisal

Mark Phillips
  • Investor
  • Bethlehem, PA
Posted

Hi BP'ers

I am closing on my third property (wohoo!) this week and the house has appraised for enough but I have a question. I received an original appraisal for 95K on prop I payed 72900 on, so I was excited about the deal. 2 weeks later I received another appraisal from the same company, dated the same as the original, but now for...you guessed it, 72900. Ive tried numerous times and ways to contact the appraiser but they havent returned any calls or emails and the bank says they arent legally allowed to speak with them. 

That said the house did appraise for the cost I negotiated but I just feel like something fishy is going on. 

Any insight or future surprises I should be concerned about here?

Thanks

Mark