{"id":240108,"date":"2024-05-24T05:40:42","date_gmt":"2024-05-24T05:40:42","guid":{"rendered":"https:\/\/namso-gen.co\/blog\/?p=240108"},"modified":"2024-05-24T05:40:42","modified_gmt":"2024-05-24T05:40:42","slug":"who-orders-the-appraisal-buyer-or-seller","status":"publish","type":"post","link":"https:\/\/namso-gen.co\/blog\/who-orders-the-appraisal-buyer-or-seller\/","title":{"rendered":"Who orders the appraisal; buyer or seller?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_62 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/namso-gen.co\/blog\/who-orders-the-appraisal-buyer-or-seller\/#1_Can_a_buyer_order_an_appraisal\" title=\"1. Can a buyer order an appraisal?\">1. Can a buyer order an appraisal?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/namso-gen.co\/blog\/who-orders-the-appraisal-buyer-or-seller\/#2_Is_the_appraisal_ordered_before_or_after_the_purchase_agreement_is_signed\" title=\"2. Is the appraisal ordered before or after the purchase agreement is signed?\">2. Is the appraisal ordered before or after the purchase agreement is signed?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/namso-gen.co\/blog\/who-orders-the-appraisal-buyer-or-seller\/#3_Who_pays_for_the_appraisal_the_buyer_or_the_seller\" title=\"3. Who pays for the appraisal, the buyer or the seller?\">3. Who pays for the appraisal, the buyer or the seller?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/namso-gen.co\/blog\/who-orders-the-appraisal-buyer-or-seller\/#4_What_happens_if_the_seller_orders_the_appraisal\" title=\"4. What happens if the seller orders the appraisal?\">4. What happens if the seller orders the appraisal?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/namso-gen.co\/blog\/who-orders-the-appraisal-buyer-or-seller\/#5_Can_the_buyer_choose_the_appraiser\" title=\"5. Can the buyer choose the appraiser?\">5. Can the buyer choose the appraiser?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/namso-gen.co\/blog\/who-orders-the-appraisal-buyer-or-seller\/#6_Can_the_seller_dispute_the_appraisal_value\" title=\"6. Can the seller dispute the appraisal value?\">6. Can the seller dispute the appraisal value?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/namso-gen.co\/blog\/who-orders-the-appraisal-buyer-or-seller\/#7_Is_the_seller_entitled_to_see_the_results_of_the_buyers_appraisal\" title=\"7. Is the seller entitled to see the results of the buyer&#8217;s appraisal?\">7. Is the seller entitled to see the results of the buyer&#8217;s appraisal?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/namso-gen.co\/blog\/who-orders-the-appraisal-buyer-or-seller\/#8_What_if_the_buyers_appraisal_comes_in_lower_than_the_agreed-upon_purchase_price\" title=\"8. What if the buyer&#8217;s appraisal comes in lower than the agreed-upon purchase price?\">8. What if the buyer&#8217;s appraisal comes in lower than the agreed-upon purchase price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/namso-gen.co\/blog\/who-orders-the-appraisal-buyer-or-seller\/#9_Can_the_seller_request_a_copy_of_the_buyers_appraisal_report\" title=\"9. Can the seller request a copy of the buyer&#8217;s appraisal report?\">9. Can the seller request a copy of the buyer&#8217;s appraisal report?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/namso-gen.co\/blog\/who-orders-the-appraisal-buyer-or-seller\/#10_Can_the_seller_challenge_the_buyers_choice_of_appraiser\" title=\"10. Can the seller challenge the buyer&#8217;s choice of appraiser?\">10. Can the seller challenge the buyer&#8217;s choice of appraiser?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/namso-gen.co\/blog\/who-orders-the-appraisal-buyer-or-seller\/#11_What_happens_if_the_buyer_refuses_to_share_the_appraisal_results_with_the_seller\" title=\"11. What happens if the buyer refuses to share the appraisal results with the seller?\">11. What happens if the buyer refuses to share the appraisal results with the seller?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/namso-gen.co\/blog\/who-orders-the-appraisal-buyer-or-seller\/#12_Can_the_buyer_and_seller_agree_on_a_mutually_chosen_appraiser\" title=\"12. Can the buyer and seller agree on a mutually chosen appraiser?\">12. Can the buyer and seller agree on a mutually chosen appraiser?<\/a><\/li><\/ul><\/nav><\/div>\n<h3><span class=\"ez-toc-section\" id=\"1_Can_a_buyer_order_an_appraisal\"><\/span>1. Can a buyer order an appraisal?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nYes, a buyer can certainly order an appraisal. However, it is more common for the lender to order the appraisal to ensure impartiality.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Is_the_appraisal_ordered_before_or_after_the_purchase_agreement_is_signed\"><\/span>2. Is the appraisal ordered before or after the purchase agreement is signed?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nThe appraisal is typically ordered after the purchase agreement is signed to assess the fair market value of the property.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Who_pays_for_the_appraisal_the_buyer_or_the_seller\"><\/span>3. Who pays for the appraisal, the buyer or the seller?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nThe buyer is usually responsible for paying for the appraisal as part of the closing costs. <\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_What_happens_if_the_seller_orders_the_appraisal\"><\/span>4. What happens if the seller orders the appraisal?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIf the seller orders the appraisal, it may be seen as biased, and the buyer&#8217;s lender may request a new appraisal to ensure accuracy and fairness.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"5_Can_the_buyer_choose_the_appraiser\"><\/span>5. Can the buyer choose the appraiser?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIn some cases, the buyer may be able to choose the appraiser, but this decision is ultimately up to the lender.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"6_Can_the_seller_dispute_the_appraisal_value\"><\/span>6. Can the seller dispute the appraisal value?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nYes, the seller can dispute the appraisal value if they feel it is inaccurate or unfair. They may provide additional information or comparable sales to support their case.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"7_Is_the_seller_entitled_to_see_the_results_of_the_buyers_appraisal\"><\/span>7. Is the seller entitled to see the results of the buyer&#8217;s appraisal?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nThe seller is typically not entitled to see the results of the buyer&#8217;s appraisal unless the buyer chooses to share this information with them.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"8_What_if_the_buyers_appraisal_comes_in_lower_than_the_agreed-upon_purchase_price\"><\/span>8. What if the buyer&#8217;s appraisal comes in lower than the agreed-upon purchase price?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIf the buyer&#8217;s appraisal comes in lower than the agreed-upon purchase price, the buyer may need to renegotiate with the seller or come up with additional funds to cover the difference.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"9_Can_the_seller_request_a_copy_of_the_buyers_appraisal_report\"><\/span>9. Can the seller request a copy of the buyer&#8217;s appraisal report?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nThe seller can request a copy of the buyer&#8217;s appraisal report, but it is up to the buyer whether or not they choose to share this information.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"10_Can_the_seller_challenge_the_buyers_choice_of_appraiser\"><\/span>10. Can the seller challenge the buyer&#8217;s choice of appraiser?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nThe seller typically does not have the authority to challenge the buyer&#8217;s choice of appraiser as this decision is made by the lender.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"11_What_happens_if_the_buyer_refuses_to_share_the_appraisal_results_with_the_seller\"><\/span>11. What happens if the buyer refuses to share the appraisal results with the seller?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIf the buyer refuses to share the appraisal results with the seller, the seller may need to proceed with the sale based on the information they have available.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"12_Can_the_buyer_and_seller_agree_on_a_mutually_chosen_appraiser\"><\/span>12. Can the buyer and seller agree on a mutually chosen appraiser?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nWhile it is possible for the buyer and seller to agree on a mutually chosen appraiser, the final decision is usually made by the lender to ensure impartiality. <\/p>\n<p>In conclusion, the appraisal is typically ordered by the buyer&#8217;s lender to assess the fair market value of the property. While both the buyer and seller may have questions or concerns throughout the process, it is essential to follow the guidelines set by the lender to ensure a smooth and fair appraisal process.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>1. Can a buyer order an appraisal? Yes, a buyer can certainly order an appraisal. However, it is more common for the lender to order the appraisal to ensure impartiality. 2. Is the appraisal ordered before or after the purchase agreement is signed? The appraisal is typically ordered after the purchase agreement is signed to &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Who orders the appraisal; buyer or seller?\" class=\"read-more button\" href=\"https:\/\/namso-gen.co\/blog\/who-orders-the-appraisal-buyer-or-seller\/#more-240108\">Read more<span class=\"screen-reader-text\">Who orders the appraisal; buyer or seller?<\/span><\/a><\/p>\n","protected":false},"author":60,"featured_media":107420,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86279],"tags":[],"class_list":["post-240108","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-learn","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Who orders the appraisal; buyer or seller?<\/title>\n<meta name=\"description\" content=\"1. 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Can a buyer order an appraisal? Yes, a buyer can certainly order an appraisal. 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