The appraisal gap is complicating deals across the country
Housing Wire
APRIL 6, 2021
Unfortunately, the appraisal put the house’s value roughly $50,000 below than what she paid. With others waiting in line behind her, the seller wouldn’t budge on price. The seller decided to counter back multiple people at $445,000 + no contingencies. Sellers are surely getting greedy.”. That’s common these days.
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