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yorkieangel · 08-10-2006, 11:47 AM

I would never pay more then a house appraised for. Whatyour agent really was saying when she said the house RE -APPRAISED... was that they pressured the appraiser to make the price higher so they could get the sale.
I would have told the people selling the house they had to come down $2000 because the house didn't appraise for the price. if your contract was written correctly (which I assume it was), you are left an option of backing out if the house doesn't appraise. You should have used this to your advantage . Did your agent discuss this option with you or just go and do the reapraisal to get the sale?????

08-10-2006, 11:47 AM	#6
yorkieangel Rescue Angel Join Date: Aug 2005 Location: md Posts: 1,530	I would never pay more then a house appraised for. Whatyour agent really was saying when she said the house RE -APPRAISED... was that they pressured the appraiser to make the price higher so they could get the sale. I would have told the people selling the house they had to come down $2000 because the house didn't appraise for the price. if your contract was written correctly (which I assume it was), you are left an option of backing out if the house doesn't appraise. You should have used this to your advantage . Did your agent discuss this option with you or just go and do the reapraisal to get the sale????? __________________ Yorkieangel