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SVTPerformance's Chain of Restaurants
Road Side Pub
Time for a rant...super frustrated with trying to find a house to buy
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<blockquote data-quote="Blk04L" data-source="post: 16423078" data-attributes="member: 48574"><p>At the end of the day, the appraisal/appraiser will tell you the true worth of the house.</p><p></p><p>If recent comps are way less than asking price I doubt the banks appraiser will come close to the selling price.</p><p></p><p>Seen it a few times where a seller either loses a deal or someone gets a last second price slash in their favor once the appraisal comes in way lower than selling price.</p><p></p><p>Now obviously if the market is hot enough, the house may very well appraise for that #. It is what it is. Continue to rent if you think those prices are too high.</p></blockquote><p></p>
[QUOTE="Blk04L, post: 16423078, member: 48574"] At the end of the day, the appraisal/appraiser will tell you the true worth of the house. If recent comps are way less than asking price I doubt the banks appraiser will come close to the selling price. Seen it a few times where a seller either loses a deal or someone gets a last second price slash in their favor once the appraisal comes in way lower than selling price. Now obviously if the market is hot enough, the house may very well appraise for that #. It is what it is. Continue to rent if you think those prices are too high. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Time for a rant...super frustrated with trying to find a house to buy
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