Friday, April 8, 2011

House Update...

The seller's lender had a BPO done and it said the value of the house was $340,000.  So their bank wanted us to raise our price to that value.  The seller argued with their bank and got the price down to $317,000, but still wasn't happy with that.  So we had our mortgage officer order our appraisal.  It came back at $296,000.  I'm so glad it wasn't higher than that :)  I haven't gotten to see the appraisal yet, but just got the amount over the phone.

1 comment:

  1. Glad to hear the appraisal was reasonable. Now the bank just needs to be reasonable.

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