How to Prevent a Bad Appraisal + How to Fight a Bad Appraisal Great clip from
https://www.fliptoriches.com and Joshua Inglis featuring Chicago’s “King of the South Side” top producing Realtor Frank Montro discussing how to prevent a bad appraisal and how to fight a bad appraisal.
Reconsideration of value on an appraisal
Frank does a great job in breaking down the differences in value from appraiser errors or ommisions. e goes in to great detail about the reconsideration of value process, and how to make a case for adjusting the value using Fannie Mae guidelines that allow seller concession closing cost credit to get calulated back into appraised value if they are common for the area.