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My appraisal came back lower than expected. Can I reorder a new appraisal in the hope to get a higher value?

April 26, 2017appraisal came Hope lower ReOrder value

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My appraisal came back lower than expected. Can I reorder a new appraisal in the hope to get a higher value?

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No. That would be considered “Value Shopping” A direct violation of HVCC. Please refer to Fannie Mae FNMA FAQ’s Q-9.

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No. That would be considered “Value Shopping” A direct violation of Applicable Appraiser Independence Laws. Please refer to Fannie Mae FNMA FAQ’s Q-9.