When dealing with a property appraiser, certain statements can negatively impact the appraisal process or create unnecessary complications. Here’s what you should avoid saying:
Financial and Purchase Information
Don’t reveal your purchase price or loan amount
- Avoid saying: “We paid $X for this house” or “We need it to appraise for $X”
- Appraisers should form independent opinions without being influenced by your financial details
Don’t mention refinancing specifics
- Avoid: “We need this value for our refinance” or “The bank requires $X value”
- This can create pressure and compromise the appraiser’s objectivity
Comparisons and Market Opinions
Don’t provide your own market analysis
- Avoid: “Zillow says my house is worth…” or “My neighbor sold for…”
- While you can mention recent sales, don’t insist they use specific comparables
Don’t argue about methodology
- Avoid: “You should use this comp instead” or “That’s not how you should calculate it”
- Appraisers are trained professionals with specific guidelines to follow
Pressure and Expectations
Don’t apply pressure for specific outcomes
- Avoid: “This deal will fall through if you don’t hit this number”
- Never suggest the appraiser’s job depends on reaching a certain value
Don’t make threats or ultimatums
- Avoid: “I’ll report you if this doesn’t come in right”
- This is unprofessional and can backfire
Personal Information
Don’t overshare personal circumstances
- Avoid lengthy explanations about why you need a certain value
- Keep interactions professional and property-focused
What You Should Do Instead
- Be helpful and informative about property features and improvements
- Provide factual information about recent upgrades or repairs
- Answer questions honestly when asked
- Allow access to all areas of the property
- Remain professional and courteous throughout the process
Remember, appraisers are bound by professional standards and regulations. They must provide unbiased, independent valuations regardless of your personal situation or desires.
