Who Owns the Appraisal?

April 12th, 2012

George Stephens, CRB, and Charles J. "Chuck" Jacobus, JD Advice columnists

Mar. 27, 2012

Dear George: I’m about to close on the sale of my home and want to see the results of the appraisal. But I was told that only the buyer can see the appraisal because he is paying for it. Is that correct?

Answer: Yes. You’ll know if the home appraised at or above the sales price when the lender approves the loan. It’s up to the buyer if he wants you to see the full appraisal report.

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Who Owns the Appraisal?

Who’s entitled to see the appraisal report?

George Stephens, CRB, and Charles J. "Chuck" Jacobus, JD Advice columnists

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Mary Ann Lipsey