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Updated over 12 years ago on . Most recent reply

User Stats

8
Posts
1
Votes
Cara Palmer
  • Investor
  • New Martinsville, WV
1
Votes |
8
Posts

Our first deal and appraisal less

Cara Palmer
  • Investor
  • New Martinsville, WV
Posted
We are in the process of buying our first property, it is a single family home that was FSBO. The asking price was $65,000 and we offered $62,000 and they accepted the offer. The appraisal came back for $58,000, should I offer them the appraisal amount or try and negotiate a lower price?

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