Basically the title. We got an appraisal back that was lower than expected. When we reviewed the comps they used, we noticed that not a single comp was less than 90 days old, despite there being a nearly identical property that sold a month ago (among other, still comparable but less identical properties).
We appealed and asked that they include that property, but they refused on the grounds that the property had new floors and paint (the interior of ours is in like-new condition...this seems like a BS excuse, especially as all the other comps they used had much different interior conditions from our home). It seems like the only reason they would not use this comp is because it sold for a much higher price, but that's the case for anything selling in April vs January in this city.
Am I missing something?
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source https://www.reddit.com/r/RealEstate/comments/n1m4m0/can_appraisers_just_choose_to_not_use_certain/
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