A misconception about the appraisal process is that because you own the property, the end appraisal report should go to you, right? Not quite, unless you ordered the report yourself, it belongs to who ever is listed as the “Client” on the report - most times this is a lender. Since it’s their money behind the mortgage, the report ultimately belongs to them. Read more to learn a little bit more about the Dodd-Frank Act behind this seemingly strange situation at the end of each appraisal.

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