Legal Question in Real Estate Law in New Jersey

It depends on the use and purpose of the appraisal and how many comparable are needed for its purpose. Presuming this was a copy of the appraisal used by your bank to approve the contract price of the property, for mortgage purposes, and the mortgage was given with one less comparable, how have you been harmed? On the other hand, if the missing one was essential for you to get your financing and it was lost due to one block being missing, you have incurred damages. If you have been or incurred damages, (A) try to get the appraisal company to reissue the complete appraisal or (B) sue to recover your damages. This is a response to an Internet question and the reply is not intended to be legal advice or as creating an attorney-client relationship.

I have been doing real estate in New Jersey for a long time. I am not sure exactly what is going on. I suggest that you have an attorney look over all of the documents for you, and answer your questions.

I can help you with this. Give me a call, make an appointment to come see me, and let's get moving on this for you. No charge for the telephone call and no charge for the first office visit.

Robert Davies, Esq. 201-820-3460

The Davies Law Firm, P.A.

45 Essex Street, Suite 3 West

Hackensack New Jersey 07601

Phone: 201-820-3459

Fax: 201-820-3461

Email: [email protected]

Website: AttorneyRobertDavies.com

Please keep in mind that my response is just a general comment on your question, and not legal advice. I have answered based upon the law of the State of New Jersey where I practice; the laws in other states may be very different, and may result in very different outcomes. Your question and any response does NOT create an attorney-client relationship between you and this law firm. The exact details of your situation and things that you have not mentioned in your question can completely change the response I gave. You can not rely upon what I have written as legal advice, because I do not have all of the information that I need to advise you, I only have the very small amount of information that you put into your question. To get legal advice that you can rely on and use, please contact me directly.