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re: Appraisal Process Questions
Posted on 4/29/13 at 2:25 pm to DrEdgeLSU
Posted on 4/29/13 at 2:25 pm to DrEdgeLSU
quote:
My biggest complaint is that it destroys the free market aspect of home purchasing. If I agree to pay a price, and you agree to accept that price, isn't that price the most accurate reflection of value?
quote:
No one says that the lender has to agree with the price. Thus I agree with you - they should independently appraise the property and decide based on that, at their expense.
I deal with this on the regular, next realtor bashing I'd appreciate you guys remembering this part of my job description.
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