Updated over 8 years ago on . Most recent reply
Can I reuse an appraisal?
I have a motivated seller who has a recent appraisal (9 months old). Can I use that appraisal with my lender instead of buying a new appraisal?
The appraisal is for $134K. I am buying for $90K (with a loan valued at $72K). Anyone can see on the MLS that the property would sell for over $140K. If I can or can not use it, where is that rule/law written?