Skip to content
Buying & Selling Real Estate

User Stats

12
Posts
5
Votes
Chris Parker
  • Real Estate Agent
  • Farr West, UT
5
Votes |
12
Posts

Help me I'm having buyer remorse

Chris Parker
  • Real Estate Agent
  • Farr West, UT
Posted Oct 7 2015, 15:53

So I'm signing papers to close the deal, we have the inspection done, earnest money of 1k, and the latest an appraisal.
So the appraisal shows a neighboring home that was sold last month, almost identical, that sold for 405k – The home we are purchasing is in contract for 463k! My first instinct is that I need to turn and run, and that’s what I’ve started to do.
I’m at the mercy of your advice. Is there something I'm missing?

Loading replies...