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I gave my loan officer four hundred dollars ( $400.00) and she said that it was going to pay for the appraisal. Therefore, I own the appraisal - right? Well, yes and no. The system and processes are not as simple and direct as most people think. Unfortunately, in the loan process many people believe that the appraiser works for them and on their behalf, when in reality they do not! The appraiser and the report created is not required as a protection for you the buyer (borrower). It is there to protect the lender -period! If you believe or have been told anything differently then you desperately need some Insider's Knowledge.
In this report I will give you an inside peek at how the system works, who hires and pays the appraiser and whom they really work for. Believe me, this is something you need to understand, because it can affect your entire life in the banking world. (128k/4 Pages)
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