The appraisal of the property is key to the loan. The lender needs to know the property is worth what the buyer is paying for it and what they are lending on it. Although the appraisal primarily serves the lenders interest, the buyer must pay for it and is entitled to a copy at the closing. The appraiser is totally independent. So, the buyer, seller, lender and any agents involved in the transaction have no save in it.
