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Updated over 11 years ago on . Most recent reply

Michael Stole's profile image
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Michael Stole
  • Real Estate Investor
  • from Ottawa, Ontario
  • Member since Jan 16, 2011
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Michael Stole's profile image
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Michael Stole
  • Real Estate Investor
  • from Ottawa, Ontario
  • Member since Jan 16, 2011
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Michael Stole
  • Real Estate Investor
  • Ottawa, Ontario
14
Votes |
217
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Buying & Selling Real Estate

Appraisal comes in at exactly the purchase price

Michael Stole
  • Real Estate Investor
  • Ottawa, Ontario
Posted

I though I got a great deal on this one according to comp analysis, but the appraisal just came in at exactly the sale price.

I will see the appraisal tomorrow. Eager to see how the appraiser justify his number.

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Jon Klaus
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  • from Garland, TX
  • Member since Dec 18, 2008
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Jon Klaus
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  • from Garland, TX
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Jon Klaus
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  • Garland, TX
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Jon Klaus
  • Developer
  • Garland, TX
Replied

Maybe the appraisers shouldn't see the contracted price. It would make their jobs more "interesting,"

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