Updated over 11 years ago on . Most recent reply
Homepath offer above asking - is appraisal required?
I am planning on buying a Homepath property and financing it with Homepath financing. I know Homepath properties don't require an appraisal because they try to set their prices square on the appraisal amount. However, I'm planning on offering a few thousand above asking. Will Homepath give me a mortgage for the amount of my offer if it's above asking or will I need to prove that I can bring cash to the table if they'll only finance up to the asking price?