My bank used Truex to do a home appraisal for a Re-Fi at a lower % rate.
Just Bank policy on a Re-Fi.
- Their Appraisal came in $150,000 under finish cost.
- Their Appraisal came in $23,000 under the county's tax assessment
- Their Appraisal came in $100,000 under realty sites like Zillow & Trulia
- Their Appraisal came in $20,000 under the sold price of a basic version
Of my home from 2 years back.
The housing market and Home values have been increasing for many years now.
This low-ball estimate could have caused a considerable problem..!!
How is it possible for this to happen to un-expecting people.??
We have trust in professional companies like this to be accurate.
Was / is "Mimi" out of tune with the market,
Was Mimi keeping everything conservative or safe for her & the company, which interferes with overall accuracy.
I find this unexceptionable and borderline criminal.
Possibly in the favor of the bank they are appraising for..
Reason:
If this is her typical practice (or Truex) this could have devastating repercussions on family's that are depending on an accurate appraisal.
She carries a huge responsibility toward her clients.!!
Truex carries a huge responsibility toward It's clients
Truex Appraisal Services including their employees are responsible
This huge inaccuracy should be addressed.
I would never recommend this company.
I would never Use this company again.
This review is not to bash anyone,
My lone went thru fine...
But,
I want to highlight Inaccuracy's that may effect "others" significantly..
I am open to communication from Truex
** Bryan & Mimi Truex the Owners read more