Change of lender, using valid Appraisal report

[Pfhtex]

Originally Posted by jons_wifey

Met with new lender today, they confirmed that they can use the appraisal that I paid for. Can the old lender be a jerk about it and not release it to the new lender?

Yes. The Lender can be a jerk and take a while. Unless you hit them between the eyes with an email that copies NMLS, your local and state Attorney General, and a TV news outlet. They will grow fatigued and give up the fight for easier prey.

[jons_wifey]

i'm still researching. appraisal report belongs to the client who is lender who requested for the appraisal not the home buyer.
I could be wrong? idk...

[willow wind]

Yes, an appraisal done for mortgage lending purposes belongs to the lender who ordered it. Even though you paid for it, it is not yours. Appraisals belong to the client. The client in your case is the original lender.