I was talking to a good friend of mine and he is in the process of refinancing his house. Apparently the bank AVM system? kicked out the appraisal so he has to pay for a field review.
He was told that the field r eview guy just takes a picture of the house in front and reviews the existing appraisal and checks it. Why the need for that and what if it comes back lower?
Do appraisers contradict each other a lot?