Contingency period and how it works

[rahul]

Agree…ideally I should be fighting the new appraisal. But, as of now the seller won’t sell at the appraised value which is 24k below the purchase price…

[rahul]

BTW, is anyone familiar with a situation where the appraiser has changed the value considerably based on new comps provided, or a situation where the 2nd appraisal is significantly higher than the first?

[rahul]

BTW, is anyone familiar with a situation where the appraiser has changed the value considerably based on new comps provided, or a situation where the 2nd appraisal is significantly higher than the first?

[rahul]

BTW, is anyone familiar with a situation where the appraiser has changed the value considerably based on new comps provided, or a situation where the 2nd appraisal is significantly higher than the first?

[rahul]

BTW, is anyone familiar with a situation where the appraiser has changed the value considerably based on new comps provided, or a situation where the 2nd appraisal is significantly higher than the first?

[rahul]

BTW, is anyone familiar with a situation where the appraiser has changed the value considerably based on new comps provided, or a situation where the 2nd appraisal is significantly higher than the first?

[sdrealtor]

Look at the comps with your agent and decide whether it is a fair price and whether you want the home at that price. I f you dont want it at that price dont buy it. Its that simple and if that is the case you shouldnt have offered what you did.

If an appraisal comes in low and you can use it to get a better price – great and you should try to do that. If the seller says no and you thought it was a fair price to begin with chances are someone else will also and they will pay the price. In that case you will have a decision to make.

[sdrealtor]

Look at the comps with your agent and decide whether it is a fair price and whether you want the home at that price. I f you dont want it at that price dont buy it. Its that simple and if that is the case you shouldnt have offered what you did.

If an appraisal comes in low and you can use it to get a better price – great and you should try to do that. If the seller says no and you thought it was a fair price to begin with chances are someone else will also and they will pay the price. In that case you will have a decision to make.

[sdrealtor]

Look at the comps with your agent and decide whether it is a fair price and whether you want the home at that price. I f you dont want it at that price dont buy it. Its that simple and if that is the case you shouldnt have offered what you did.

If an appraisal comes in low and you can use it to get a better price – great and you should try to do that. If the seller says no and you thought it was a fair price to begin with chances are someone else will also and they will pay the price. In that case you will have a decision to make.

[sdrealtor]

Look at the comps with your agent and decide whether it is a fair price and whether you want the home at that price. I f you dont want it at that price dont buy it. Its that simple and if that is the case you shouldnt have offered what you did.

If an appraisal comes in low and you can use it to get a better price – great and you should try to do that. If the seller says no and you thought it was a fair price to begin with chances are someone else will also and they will pay the price. In that case you will have a decision to make.

[sdrealtor]

Look at the comps with your agent and decide whether it is a fair price and whether you want the home at that price. I f you dont want it at that price dont buy it. Its that simple and if that is the case you shouldnt have offered what you did.

If an appraisal comes in low and you can use it to get a better price – great and you should try to do that. If the seller says no and you thought it was a fair price to begin with chances are someone else will also and they will pay the price. In that case you will have a decision to make.

[SD Realtor]

I would play it safe and extend the contingency in writing nonetheless. There is an extension of contingency form, you can identify both the loan and appraisal contingencies as needing to be extended for a few days. This will be signed off by both parties.

[SD Realtor]

I would play it safe and extend the contingency in writing nonetheless. There is an extension of contingency form, you can identify both the loan and appraisal contingencies as needing to be extended for a few days. This will be signed off by both parties.

[SD Realtor]

I would play it safe and extend the contingency in writing nonetheless. There is an extension of contingency form, you can identify both the loan and appraisal contingencies as needing to be extended for a few days. This will be signed off by both parties.

[SD Realtor]

I would play it safe and extend the contingency in writing nonetheless. There is an extension of contingency form, you can identify both the loan and appraisal contingencies as needing to be extended for a few days. This will be signed off by both parties.

[Author]

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