Are the appraisers ignoring the fact that you had 4 offers on the property?
Do you think the appraiser is using the wrong comparable sales?
What do you think about the new HVCC rules?
Why do I need your service?
Comps4California is a full service provider of customized current and accurate home sales data compiled by professionals who have been in the appraisal business for 25-years.
We know that you, as a professional Realtor, have access to all the current sales and are familiar with your market area. The fact is that many of the appraisals in today's market are coming in under the agreed upon sales price.
The subject properties are offered in an open market and may even have 5 offers. But still the appraisal comes in below the offer (how could all these potential buyers & their agents be wrong about the market value?) HVCC currently allows you, the realtor, to provide comparable sales to the appraiser, yet some appraisers are still against that and merely put your comps in their file, and then select the lowest sales they can find because it's easy. Since the start of HVCC many of the good professional appraisers have had no choice but to leave the business, thus leaving the AMC's with a lot of inexperienced new appraisers who take the easy route when preparing their report. They use the wrong comps because they don't know the area. This can mean a low appraisal for no apparent reason. Sometimes there's no talking with the appraiser and they won't listen to your rebuttal, so you ask your self "What can I do to help the situation?"
What can you do to get the appraiser to use the correct sales? Comps4California can provide you with a professional looking Comparable Sales Report that lists all the appropriate sales in the subject's market area. All the comps are selected based on underwriting and Fannie Mae guidelines, and the report is laid out systematically in a format that appraisers are use to looking at.
Our report is not a computer generated report full of useless sales that are outdated and not comparable. Our reports are generated by professionals who have been in the appraisal business for 25-years. We know how to search for the right comps, we know the guidelines and we don't take the easy way out. All of our searches are customized for the subject property; if we don't find the appropriate sales the first time we expand our search parameters until we do. We run our searches as if we were doing the appraisal ourselves. Real searches by real professionals.
You ask, why do I need your service? The reason you will benefit from our service is because we provide you with an unbiased Comparable Sales Report that you can give to the appraiser at the time of the inspection. You can highlight or make comments on the sales you think are the most similar to the subject.
