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May 3, 2015
5:33
:28
pm
byu1
I think anyone can ask as much as they want, and if it appraised at a lower
Amount amount, it only means that they can't get funded for the full amount. I think you can always use that as a guideline to counter offer.
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byu1
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byu1
Joined
Mar 1, 2001
Last login
Apr 23, 2024
Total posts
32,845 (407 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
cougarmanguy
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.
ClackamasCoug
5/3/15 6:03pm
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