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Updated over 10 years ago on . Most recent reply

Ashish Mehta's profile image
Ashish Mehta's profile image
Ashish Mehta
  • from Stafford, Texas
  • Member since Sep 6, 2014
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Ashish Mehta's profile image
Ashish Mehta's profile image
Ashish Mehta
  • from Stafford, Texas
  • Member since Sep 6, 2014
Connect
Ashish Mehta
  • Stafford, TX
2
Votes |
6
Posts
Buying & Selling Real Estate

Appraisal is less then price of Home being bought

Ashish Mehta
  • Stafford, TX
Posted

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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Ashish Mehta's profile image
Ashish Mehta's profile image
Ashish Mehta
  • from Stafford, Texas
  • Member since Sep 6, 2014
Connect

User Stats

6
Posts
2
Votes
Ashish Mehta's profile image
Ashish Mehta's profile image
Ashish Mehta
  • from Stafford, Texas
  • Member since Sep 6, 2014
Connect
Ashish Mehta
  • Stafford, TX
2
Votes |
6
Posts
Ashish Mehta
  • Stafford, TX
Replied

thanks for replies. I should have mentioned this is not a investor home and it's being financed by buyer putting down 20% of sale price. 

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