Barrington Appraisal Services, Inc. - Undervaluation/Using outdated comps

Dec 14, 2021

Ato Zzz-of United States

Mr. Smith clearly avoids doing any leg work because he is using the older comps just in the immediate vicinity of the TH community, rather than expanding the search. There were newer sales that are more comparable, yet he selected the older ones. Mr. Smith was rude when I inquired as to his conclusions. Appraisals are opinions, however, USPAP requirements states that they use the highest and best comparables, not the lowest and unmatched. I did not have a choice in the selection of this so-called Appraiser, but I will be letting my lender know they should reconsider using them in the future.