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Updated about 8 years ago on . Most recent reply

Christen G.'s profile image
Christen G.'s profile image
Christen G.
  • Rental Property Investor
  • from Seattle, WA
  • Member since Jul 17, 2017

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378
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Christen G.'s profile image
Christen G.'s profile image
Christen G.
  • Rental Property Investor
  • from Seattle, WA
  • Member since Jul 17, 2017
Christen G.
  • Rental Property Investor
  • Seattle, WA
247
Votes |
378
Posts
Real Estate Deal Analysis & Advice

The appraisal that came in super low

Christen G.
  • Rental Property Investor
  • Seattle, WA
Posted

Hi all,

A Triplex that I'm in contract on just came back with an appraisal that is $12k under what the accepted offer is. This has never happened to me. What is protocol typically? Should I ask for all of that off the sale price?

Thanks in advance for any ponderings.

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Christen G.'s profile image
Christen G.'s profile image
Christen G.
  • Rental Property Investor
  • from Seattle, WA
  • Member since Jul 17, 2017

User Stats

378
Posts
247
Votes
Christen G.'s profile image
Christen G.'s profile image
Christen G.
  • Rental Property Investor
  • from Seattle, WA
  • Member since Jul 17, 2017
Christen G.
  • Rental Property Investor
  • Seattle, WA
247
Votes |
378
Posts
Christen G.
  • Rental Property Investor
  • Seattle, WA
Replied

Update here: the seller was eager to get it off his hands and go on vacation and they took 12k off! Solid. Thanks everyone.

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