Wells Fargo FHA Appraisal

Have a SS with Wells Fargo where there appraisal came in at $190 using comps a year old.  Buyers appraisal came in at $175 with comps within 6 months.  I sent the appraisal to Wells Fargo and there appraisal dept said that our appraisal was not good.  They are sticking with there $190K and what 88% of the value as there Net.  Is there anyone else that I can go to and dispute FHA appraisal ?

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Replies

  • Escalate to HUD and try to get another appraisal ordered or see if you can make a NET of 84% work and have a variance placed.

    If you need anything at all, feel free to reach out.

    Brett@ishortsalenow.com

    310-564-6389

    www.ishortsalenow.com

    • Brett do you have contact for HUD?  I'm trying for the 84% also they are very difficult. 

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