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#2108331 - 11/22/16 06:21 PM Appraisal ordering
Dodge Offline
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Joined: Mar 2010
Posts: 239
Can you disclose the loan amount to the appraiser?

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#2108358 - 11/22/16 07:32 PM Re: Appraisal ordering Dodge
Skittles Online
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Skittles
Joined: Sep 2002
Posts: 13,963
TN
We do not; however they can see a copy of the contract for purchase transactions.
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#2108452 - 11/23/16 02:04 PM Re: Appraisal ordering Dodge
HRH Okie Banker Offline
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Joined: Jan 2003
Posts: 3,070
Oklahoma
There is no where on our valuation order form that would disclose that info to the appraiser. Ours would see purchase contracts and/or construction budget amount but never the actual loan amount.
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#2108456 - 11/23/16 02:12 PM Re: Appraisal ordering Dodge
#Just Jay Offline
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#Just Jay
Joined: Oct 2006
Posts: 14,390
Cheeseheadland
Ditto.
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#2108511 - 11/23/16 04:11 PM Re: Appraisal ordering Dodge
rlcarey Offline
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rlcarey
Joined: Jul 2001
Posts: 79,368
Galveston, TX
The loan amount is in most contracts that I see - whether or not it is accurate. But banks don't directly tell appraisers that information as it has no impact on appraised value.
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