Waived Appraisals good or bad idea?
I am looking at a property to buy this is the break down.
Original Listing Price : 700,000
New Listing Price : 650,000
Taxes : 11,500
Insurance : 2300
Rental Income $7,600
Only thing is the SELLER knows it will appraise for around 600k and he is firm on 650k is it a bad investment to pay the difference in Cash to make up the difference???