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Nesgroup address: misc.invest.real-estate - Date & Time for the message: 21 Oct 2005 18:47:31 -0700
/ Author of the message: "Neighbor" |
Title of the message: |
Appraisal low
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Text of the message: |
Hi, All, We made an offer of 495K. The bank appraisal came in 485K. We are really low on cash (had our car for it). So I told my realtor that we would proceed only the price is lowered to the appraisal value. After talking to the seller's realtor, my realtor is questioning the appraisal. He did bring up some plausible points but I think the bank would not easily change their appraisal. Should / Could I talk to the bank to persuade them? Maybe it is a good opportunity of lowering the price? Maybe we will eventually lose the deal. :-( The seller's agent did mention they have backip offer. But we really could not do much with our pocket shallow. Thanks . |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.