How many appraisals

I had trouble in 2000. I was getting a 1bd coop appraised in the Clinton Hill Coops, and it came in at 80K, rather than the 96K that was being asked for it. This is a huge complex, and the 96K was really what people were getting for similar spaces.
I was dealing with Chase Home Loan Direct ( a total nightmare) out of Columbus, OH (there was supposed to be some special discount for teachers who used it) and they used a firm from Suffolk County, and I feel strongly that these people did not know how to look at Brooklyn coops fairly.
He reduced the market value because the unit was on the 4th floor, rather than the first floor (idiot!) and then reduced it further because the building sits outside the guarded, fenced-in area that the other buildings sit behind. This feature actually makes the building look nicer for whomever is coming to visit you, rather than having them have to pass through a guard hut, and then walk around a fenced-in courtyard.

I dropped Chase, went with HSBC (the local branch), and they sent a local appraiser, and everything went unbelievably quickly.