Don't cry to me when your new sale doesn't "come in at value" if you let the buyer add $13k in granite countertop (etc) upgrades on a $150k condo ($163k, really?). Especially when you have not had a sale over $151k in a year.
Love,
Charlie B. (your appraiser for life)
Monday, May 24, 2010
Monday, May 10, 2010
Inventing Comparables?
AMC Rep: The lender would like you to add 2 additional comparables within 1 mile and 60 days.
Me: I used the best comps available, I'll look again to be sure . . . nope, none there that fit those guidelines.
AMC Rep: Do you think you can find them anywhere else? The lender won't fund without this condition
Me: uhhhhhh . . . .
Me: I used the best comps available, I'll look again to be sure . . . nope, none there that fit those guidelines.
AMC Rep: Do you think you can find them anywhere else? The lender won't fund without this condition
Me: uhhhhhh . . . .
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