Can I submit new comparable sales?

Yes. Provide full details for each comparable (address, sale date in MM/DD/YYYY, sale price) and explain why each is more comparable than those used in the original report; include MLS sheets or closing statements when available.

Who reviews the request?

The lender typically forwards the packet to its appraisal management company or directly to the original appraiser for review; the lender makes the final decision whether to accept a revised value based on that review.

How long does review take?

Timelines vary by lender and workload, but many responses arrive within 15–30 days; if a mortgage contingency deadline exists, note that date in your submission and follow up promptly.

Is an e-signature acceptable?

Yes, electronic signatures generally satisfy U.S. law under the ESIGN Act (15 U.S.C. ch. 96) and UETA where adopted, provided intent, consent, attribution, and retention requirements are met.

Do I need a notarized affidavit?

Not usually for a standard reconsideration; if you include an affidavit, confirm whether your lender requires notarization or accepts remote online notarization under your state rules.

What if the appraiser finds no error?

If the appraiser and lender affirm the original value, you can request a second opinion appraisal or order a new appraisal at your expense; internal reconsideration is not a judicial appeal.

Electronic Signature
Templates
Miscellaneous
Appraisal Reconsideration Request

Appraisal Reconsideration Request

This template is fully customizable. Edit the text, fill out the fields, and send it for signature. Give it a try!

APPRAISAL RECONSIDERATION REQUEST

Requesting Party Information

Requestor Name Company / Institution Address

Phone

Email

Appraiser / Appraisal Firm Information

Appraiser Name Firm

License / Cert. #

Phone

Appraiser Address Email

Property and Original Appraisal

Subject Property Address

APN / Parcel #

Property Type

Original appraisal report number: Report date: Original opinion of value: $

Recitals (WHEREAS)

WHEREAS, Requestor has ordered or obtained an appraisal of the Subject Property and has reviewed the appraisal report identified above; and

WHEREAS, Requestor believes that specified factual errors, omitted relevant market data, or material deficiencies exist in the original appraisal that may have materially affected the appraiser's opinion of market value; and

WHEREAS, Requestor seeks a professional reconsideration of value limited to the scope and terms set forth in this Appraisal Reconsideration Request.

Scope of Work

The scope shall include a documented review of the original report, verification of factual data identified by Requestor, consideration of comparable sales and adjustments submitted by Requestor, and issuance of a written Reconsideration of Value that identifies any changes in the appraiser's conclusions and the basis for such changes.

Requested Reconsideration Details

Reason(s) for Reconsideration Requested Corrections or Revisions Supporting Comparables and Data Attachments / Documents Provided

Payment Terms

Reconsideration fee: $ Payment schedule:

Late payment: Unpaid amounts shall accrue interest at or the maximum lawful rate, whichever is less. Requestor is responsible for prompt payment of fees associated with the Reconsideration.

Term and Termination

Term start date: Term end date:

Either party may terminate this Request for cause upon written notice. Termination without cause by either party requires advance written notice of days. Termination does not relieve Requestor of the obligation to pay fees earned or incurred through the effective termination date.

Confidentiality

Both parties acknowledge that the appraisal report and this Reconsideration Request may contain confidential information. Each party shall maintain the confidentiality of non-public information provided in connection with this Request and shall not disclose such information except as required by law, regulation, or bona fide professional necessity. Information may be shared with counsel, audit personnel, and regulatory authorities as required.

I acknowledge and agree to the confidentiality obligations described above.

Governing Law

This Request shall be governed by and construed in accordance with the laws of the State of without regard to its conflicts-of-law principles.

Entire Agreement

This Appraisal Reconsideration Request, including attachments and any written amendments signed by the parties, constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior discussions, representations, or agreements, whether oral or written. No amendment shall be binding unless in writing and signed by both parties.

Certification and Authorization

By signing below, Requestor certifies that the information and materials provided in support of this Reconsideration Request are true, complete, and provided in good faith. Requestor authorizes the Appraiser to review the original appraisal report and consider the additional information submitted in accordance with the Scope of Work.

Requesting Party (Print Name):

By:

Date:

Appraiser or Firm (Print Name):

By:

Date:

What an Appraisal Reconsideration Request Is

An Appraisal Reconsideration Request is a formal submission from a borrower, real estate agent, or lender asking the original appraiser or appraisal management company to review an appraisal report. It summarizes perceived errors or omissions, supplies supporting data (comparable sales, contracts, market facts), and requests reconsideration of the appraised value. The request is an administrative review, not a formal appeal in court; lenders and appraisal management companies have internal procedures for handling requests and may accept, modify, or reject the appraisal based on additional evidence.

Why you might file a Reconsideration Request

Use this request to correct factual errors, present missing comparables, or document recent market activity that could change value. It can preserve lending options, avoid re-appraisal costs, and ensure underwriting uses complete facts.

Who typically completes an Appraisal Reconsideration Request

The request is most commonly prepared by borrowers, listing agents, or loan officers seeking to correct or supplement the appraisal record.

Borrowers and homeowners preparing evidence to contest factual errors or omitted comparables.
Loan officers or underwriters submitting formal documentation to support revised value for approval decisions.
Listing agents compiling local comps and market context to address appraisal omissions or trends.

The document is routed to the lender or appraisal management company; an appraiser may review and respond according to the lender's policy.

Core components to include in a professional request

A clear, well-structured request increases the chance of a substantive review. Each section should be concise, evidence-based, and reference the original appraisal report page and line numbers where possible.

Cover Header

Identify the property, loan number, appraiser name, appraisal date, and contact information for the requester so the reviewer can match the request to the original file.

Statement of Issue

Briefly state the specific error or omission (for example incorrect square footage, misidentified property type, or omitted comparable sale) and reference where it appears in the appraisal report.

Comparable Sales

List 2–6 comparables with full addresses, sale dates, sale prices, and distance to subject. Explain why each comp is more appropriate than those used in the original report.

Market Evidence

Provide recent listings, pending sales, neighborhood trend data, or contract details showing market movement since the appraisal date that support a revised value.

Supporting Documents

Attach the MLS printouts, signed purchase contract, inspection findings, floor plans, photograph evidence, or corrected permit records that substantiate factual corrections.

Certification

Include a signature block with printed name, role, contact details, and date. Note whether the submission is under penalty of false statement if applicable.

Step-by-step: preparing and submitting a request

Follow these sequential steps to build a complete, lender-ready reconsideration packet.

01

Gather Evidence: Collect comps, contract, photos, and permit records.
02

Complete Form: Fill all required fields and reference the appraisal page.
03

Attach Documents: Combine all exhibits into a single PDF file for submission.
04

Submit to Lender: Send via the lender's specified channel and note the submission date.

How to set up an online reconsideration workflow

When using a digital platform, configure fields, attachments, and notifications to match lender requirements before sending the request.

Field	Configuration
Required Fields	Mark borrower, loan number, and property address as required
Attachments	Allow PDF uploads; set 25 MB or larger per file
Authentication	Use email verification or SMS code based on lender policy
Notifications	Enable confirmations to requester and lender contact

Typical routing: who receives your request and when

Most reconsiderations flow from the requester to the lender, then to the appraisal management company or original appraiser for review.

Prepare Packet: Assemble request form and supporting exhibits into a single package.
Send to Lender: Submit via the lender's portal or by email to the underwriting contact.
Appraiser Review: AMC or appraiser reviews materials and re-checks comparable selection.
Lender Response: Lender notifies requester of acceptance, revised value, or denial.

Digital delivery and technical considerations

Use secure file formats and authentication that satisfy the lender's evidence and audit needs.

File formats: PDF and DOCX widely accepted
Security: TLS in transit; AES-256 at rest
Integrations: Supports common portals and cloud storage

Timing: expected response windows and internal deadlines

Processing times vary by lender and appraisal management company; submit early and track the received date to preserve options.

Submit Promptly:

Provide the request as soon as factual errors are discovered

Typical Review Window:

Most lenders respond within 15–30 days after receipt

Mortgage Contingency:

Address timing if a contract contingency deadline is pending

Documentation Holds:

Keep originals and dated copies for lender audit

Follow-up:

Record follow-up attempts and responses with dates

Key milestones from submission to lender decision

These sequential stages describe the typical lifecycle of a reconsideration request within lender workflows.

01

Request Submitted

Request received and logged by the lender or AMC.

02

File Assigned

AMC or appraiser receives file for review and access to exhibits.

03

Appraiser Review

Appraiser analyzes evidence, updates comps or confirms original findings.

04

Decision Communicated

Lender issues acceptance, modified value, or denial to requester.

Common mistakes that weaken a reconsideration request

Submitting incomplete comparables without sale dates or price verification reduces credibility and delays the review.
Failing to reference specific appraisal pages and line items leads to misalignment and increases processing time.
Relying on pending or listed prices rather than closed sale data weakens the evidentiary weight of the request.
Altering original appraisal data or submitting inaccurate facts can prompt fraud inquiries and immediate rejection.

Risks and potential consequences of an incorrect request

Processing Delay: Incomplete submissions delay underwriting decisions

Rejection: Insufficient evidence can result in denial

Fraud Allegation: Misrepresenting facts may trigger compliance review

Loan Impact: Delayed or denied value corrections can affect loan approval

Legal Exposure: False statements can carry civil consequences

Costs: Additional appraisal or review fees may apply

eSignature vendor comparison for handling Reconsideration Requests

Compare entry-level pricing and core capabilities relevant to secure collection, bulk submission, and recordkeeping for reconsideration workflows.

	signNow	DocuSign	Adobe Sign	PandaDoc	HelloSign
Starting Price	$8/user/mo	$15/user/mo	$14/user/mo	$19/user/mo	$15/user/mo
Free Trial	7-day free trial	Varies	Varies	Varies	Varies
Bulk Send	Yes	Yes	Yes	Yes	Varies
Audit Trail	Yes	Yes	Yes	Yes	Yes
HIPAA Compliant	Yes	Varies	Varies	Varies	Varies

Frequently asked questions about Appraisal Reconsideration Requests

Common operational and legal questions about preparing, signing, and submitting reconsideration requests, with practical answers and references to applicable legal frameworks.

Need help? Contact support

Can I submit new comparable sales?
Yes. Provide full details for each comparable (address, sale date in MM/DD/YYYY, sale price) and explain why each is more comparable than those used in the original report; include MLS sheets or closing statements when available.
Who reviews the request?
The lender typically forwards the packet to its appraisal management company or directly to the original appraiser for review; the lender makes the final decision whether to accept a revised value based on that review.
How long does review take?
Timelines vary by lender and workload, but many responses arrive within 15–30 days; if a mortgage contingency deadline exists, note that date in your submission and follow up promptly.
Is an e-signature acceptable?
Yes, electronic signatures generally satisfy U.S. law under the ESIGN Act (15 U.S.C. ch. 96) and UETA where adopted, provided intent, consent, attribution, and retention requirements are met.
Do I need a notarized affidavit?
Not usually for a standard reconsideration; if you include an affidavit, confirm whether your lender requires notarization or accepts remote online notarization under your state rules.
What if the appraiser finds no error?
If the appraiser and lender affirm the original value, you can request a second opinion appraisal or order a new appraisal at your expense; internal reconsideration is not a judicial appeal.

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