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re: Appraisal company didn't appraise house we have under contract for enough....
Posted on 5/12/17 at 2:19 pm to CaptainsWafer
Posted on 5/12/17 at 2:19 pm to CaptainsWafer
quote:
I'm thinking it's his house that appraised for $5k less than it is under contract for.
Am I wrong?
Typically the purchaser would be the one paying for the appraisal through their bank / lender.
Unless this is just two people doing a cash deal and he is the seller, in which case no way the appraisal company would change their value as they could very easily get sued by the purchaser (and lose their license) if they found out about the change in value without reasonable justification.
This post was edited on 5/12/17 at 2:20 pm
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