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re: House(s) on the market

Posted on 4/28/21 at 8:09 am to
Posted by Serraneaux
South of 30a
Member since Mar 2014
19895 posts
Posted on 4/28/21 at 8:09 am to
Appraisal came back get this...at the offer price. Mine needs work and we are renovating but the value is there because of location and square footage.

Appraisals are keeping up because there are so many people paying cash for places down there that go over asking...once they are closed that’s the new value/comps that the appraisers are now using. Places are going for $650/square foot no problem.
Posted by Lazy But Talented
Member since Aug 2011
14497 posts
Posted on 4/28/21 at 9:14 pm to
quote:

Appraisal came back get this...at the offer price.


Yup appraisal on mine just came back today. Spot on at purchase price. Been worried for weeks now. What a relief.

Although mine was a new construction that the buyers ended up busting last minute.
This post was edited on 4/28/21 at 9:15 pm
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