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Buying & Selling Real Estate

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Ashish Mehta
  • Stafford, TX
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Appraisal is less then price of Home being bought

Ashish Mehta
  • Stafford, TX
Posted Sep 18 2014, 02:44

A home being sold for 330K was only appraised for 309K by the bank. Should the buyer ask the seller to appraised value by the bank? If buyer walks away does he lose his earnest money?

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