Property Appraisal
If the mortgage company sends out an appraiser to your home, and you do not refinance your home, who is responsible for the appraiser's fees?
Re: Property Appraisal
It's a question of contract, and I'd say there are three possibilities:
1. You contracted directly with the appraiser (not likely, but possible).
2. The lender contracted with the appraiser, and you did not contract with the lender to reimburse it.
3, The lender contracted with the appraiser, and you in turn contracted with the lender to reimburse it if you did not borrow from it.
There is a fourth possibility, that you contracted to pay for the appraisal whether or not you borrowed.
I'd say #3 is the most likely, but you need to look at your contracts (the loan application may contain contractual promises) to see what you agreed to do.
