Wednesday, January 19, 2011

Part 2 of Low Appraisals

For those of you wondering......

I reviewed the appraisal at length with lender this morning. He and I both feel it is valid and that appraiser actually did pretty good for us.  Keep in mind the offer was written 4 or 5 months ago!

The listing agent has contacted the SS negotiator and is asking for an extension for close of escrow and wants to have their own appraiser do another evaluation of the property and the rebut the current one to get it closer to purchase price.

Keep on checking in for the SS appraisal status!

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