In the last installment, we were in the middle of arguing about the appraisal as we were seeking a refinance. What a joke that was. I talked and/or emailed with the lender at least six times, spent countless hours finding comps and researching adjustments to bring the prices in line, and came to the conclusion that the appraiser only looked at the HUD sales, since out of four HUD homes sold within a 15-mile radius in the last 12 months, one was our house and three were his comps.After all that effort, one of the seven people we had contact with at the lender made a throwaway comment that "we'd use the selling price anyway".
Wait. Back the truck up. What?
