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re: Are houses appraising in accordance with the inflated sales price?

Posted on 7/27/21 at 2:08 pm to
Posted by EastUpper
Nashville
Member since Jun 2008
122 posts
Posted on 7/27/21 at 2:08 pm to
Buying new home in Sumner County, TN. Signed contract in December of 2020, closing tomorrow. Appraisal came back $32,000.00 more than contract price.
This post was edited on 7/27/21 at 2:19 pm
Posted by Tomatocantender
Boot
Member since Jun 2021
4829 posts
Posted on 7/27/21 at 2:20 pm to
quote:

Signed contract in December of 2020,


How in the heck were you able to keep an immovable asset under contract for 9 months? Hell, even checks are stale dated after 6 months.
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