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Rehabbing & House Flipping

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Tony Salazar
  • Rehabber
  • Corona, CA
21
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59
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FHA Appraisal Comes In Low

Tony Salazar
  • Rehabber
  • Corona, CA
Posted Feb 2 2010, 11:15

If a FHA Appraisal comes in low on a purchase and escrow is cancelled due to appraisal contingency, can the seller go with another FHA buyer and get a new FHA appraisal and hope it will come in at what they feel is the value, or is that first low appraisal value going to be assigned with all new FHA buyers?

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