If your accepted bid on a house turns out to be higher than the appraised value-

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May 3, 2015
5:30:34pm

JohnnyB

If your accepted bid on a house turns out to be higher than the appraised value-

Would you still buy the house? Would you ask the seller to meet the appraised value?

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JohnnyB

Bio page: JohnnyB
Joined: Feb 18, 2010
Last login: Apr 8, 2024
Total posts: 3,785 (7 FO)

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Messages

Author

Time

If your accepted bid on a house turns out to be higher than the appraised value-

JohnnyB

5/3/15 5:30pm

You can ask them to meet the appraised price.

Ragnar Danneskjold

5/3/15 5:32pm

I think anyone can ask as much as they want, and if it appraised at a lower

byu1

5/3/15 5:33pm

a house is worth what someone will pay for it

TonyStark

5/3/15 5:37pm

true, except for the dirty little lending issue

5/3/15 5:42pm

on a purchase transaction, the appraiser gets a copy of the purchase contract.

TonyStark

5/3/15 6:24pm

secret: almost allhomes appraise at lower than the selling price

cougarfann888

5/3/15 5:40pm

Why would there be a non binding bid? Otherwise it's just an offer.

5/3/15 6:03pm

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