Well, the unbelievable happened. A lender had an appraisal done a few weeks ago on a property that my client was buying, and the appraisal came in higher than the sales price. It does happen! If you have an appraiser who is familiar with the area, you have a much better change of getting an accurate appraisal. And my client got some additional built-in equity.
Appraisals
by ILGM Ninjas | Feb 15, 2011 | Appraisal, Buyers, Purchase Transaction, Real Estate Advice, Selling | 0 comments