Your rights and options when a home is appraised
How long an appraisal lasts
Know this
Investor rules limit how old an appraisal can be when the loan closes. If closing is delayed, the lender may need an update from the appraiser or a new appraisal. Ask your lender how long your appraisal remains usable for your loan type.
Last reviewed against the primary sources listed below.
Avoid an aged-out appraisal
- Ask the usable period up front.
- Keep closing on schedule.
- Respond quickly to lender conditions.
Appraisal questions
Can an appraisal expire?
Yes, investors limit how old it can be at closing.
Can I reuse an appraisal with a new lender?
Sometimes, but the new lender may require its own.