ALLIED REAL ESTATE

If your mortgage company hires Dale, I would highly suggest you request another appraiser. (a little known fact but you do have the right of refusal and can ask for another appraiser). Dale missed several important points about our home and used invalid comps. Plus, at the end of his visit to our home, he admitted that he would appraise at a very low end because he felt it was necessary to counteract the recent abuses in mortgage loan amounts. Out of 6 comps, 3 were on extremely busy thoroughfares and are significantly older homes. This was not noted or adjusted. If we took the 3 similar comps in our neighborhood, Dale's appraisal comes in at a significant difference - 31% lower than the other homes recently sold in our neighborhood. It was also vastly different from estimates based on state equalized value and online sources such as Zillow. When attempts were made to contact him regarding the details of the appraisal, he refused to discuss and simply stated that he was right in what he did we "must not understand the appraisal system"