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Appraisal Correction and Reconsideration Request Form. Please fill out Section I Loan and Contact Information in its entirety.

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How to fill out appraisal correction and reconsideration

01

First, gather all the necessary documents related to the original appraisal.

02

Identify the specific errors or discrepancies in the original appraisal that need correction or reconsideration.

03

Prepare a written statement explaining the errors or discrepancies and providing supporting evidence.

04

Submit the written statement along with the necessary documents to the appropriate authority or department handling the appraisal.

05

Follow up with the authority or department to ensure that the correction or reconsideration process is being conducted.

06

Review any feedback or updates provided by the authority or department.

07

Once the correction or reconsideration is completed, review the revised appraisal to ensure that the necessary changes have been made.

Who needs appraisal correction and reconsideration?

01

Individuals or organizations who believe that their property has been incorrectly appraised and want to rectify any errors or discrepancies.

02

Property owners who have received an appraisal that they believe does not properly reflect the value or condition of their property.

03

Homebuyers or sellers who feel that the appraisal performed during a real estate transaction was inaccurate or unfair.

04

Business owners who need a correction or reconsideration of the appraisal value for tax or insurance purposes.

05

Financial institutions or lenders who require a reassessment of the property value due to discrepancies in the original appraisal.

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