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Updated about 1 year ago on . Most recent reply

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Sharon Porter
4
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35
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Appraiser in Western Mass - low ball property value

Sharon Porter
Posted

I am trying to refi my property so I could purchase another one so I was wondering if any is having the same problem with low value. The appraiser in the area is taking the lowest property to do comparison. Let me know if anyone is having that problem. I have search for the appraiser but could not find in the Ma Register for Appraisers. Please let me know. Zillow and Redfin estimate the price a lot higher plus homes in the area is selling for a lot more.

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19,634
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Chris Seveney
  • Investor
  • Virginia
17,261
Votes |
19,634
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Chris Seveney
  • Investor
  • Virginia
ModeratorReplied

@Sharon Porter

Zillow and Redfin are useless and should never be used. An appraiser will use comps that are close to your location and in similar size and condition. If you are rural it makes it harder to appraise since there are less comps and they are further away

  • Chris Seveney
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7e investments
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