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. How hybrid title and valuations help increase lending efficiency. The seller decided to counter back multiple people at $445,000 + no contingencies.
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