Thanks SD Realtor with your info. It seems in-line with what my realtor was saying. All the remaining contingencies (financing, and inspection) are at 17 days, which my realtor said was more than enough time for appraisal. Regardless, I asked my agent to call the seller agent today to negotiate on the appraisal contingency. If he is smart, he will understand that I can get out, also it benefits us both that this closes sooner than later (considering what’s going on in the interest rate market).
Kinda off topic, I was thinking about using two different lenders to lock the rate on one and not on the other, in case of the rate decreasing by close. I guess this would also serve it’s purpose on the appraisal. Any thoughts on doing this? Is it worth the extra $400 or so for an additional appraisal.
