Common Appraisal Issues

It is important to note that an appraisal is not a home inspection. It is typically recommended that home buyers have a home inspection when buying a home. The initial cost of an appraisal ranges from $400-$500 depending on the unique features of the property.

Even though the appraisal is not as thorough as a home inspection, issues may arise that would require the appraiser to revisit the home before completing the final appraisal used to underwrite your loan.

What are common appraisal issues?

  • Stringent loan program guidelines
  • The borrower, agent, or contact did not show up at the scheduled time
  • There was no key in the lockbox
  • Repairs or upgrades were in progress and not complete
  • Missing stairs, deck or handrails
  • Broken or missing windows
  • Roof and shingle issues
  • Missing GFCI (Ground Fault Circuit Interrupter)
  • Damage to drywall, mold, mildew, water leaks, chipped or peeling paint
  • Inadequate electrical system
  • Non-functional heating & cooling system
  • Low appraisal report
  • Clutter and debris prevented the appraiser from inspecting all areas completely
  • Unable to access all interior rooms and outbuildings

What can I do to prepare for the appraisal?

  • All utilities must be turned on at the time of inspection and in working order
  • All interior rooms (including attic and crawl spaces), exterior outbuildings, garages, barns must be accessible
  • Ensure all clutter and debris in the house are clear for the appraiser to inspect all areas completely
  • Make sure all repairs are completed prior to your scheduled appraisal to avoid additional revisit cost and delays in closing

How much does an extra appraisal visit cost?

Each extra visit may cost $125-150 in addition to the upfront cost and can delay your closing.

Who is responsible for payment if an appraisal revisit is required?

The cost of the revisit is charged to the homeowner/loan applicant.

Click here to apply and get pre-qualified.  I can be reached directly or via text message at (240) 674-3665. You may also e-mail me at

DISCLAIMER: All loans are subject to credit approval and underwriting approval. This is not a commitment to lend.

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