Posted on August 23, 2009 - by admin
Pat’s Market Wise Q&A from San Jose Mercury News: Low Appraisals in a Buyer’s Market Slows Recovery
By Pat KapowichExcerpted from the San Jose Mercury News, SJMNMarket Wise columnSaturday July 2, 2009Q:We recently were involved in a multiple-offer situation to purchase a very nice home. After a little negotiating on the price, we were awarded the property. However, the bank appraised the home too low on the first appraisal, which was explained to us as an exterior only
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Pat’s Market Wise Q&A from San Jose Mercury News: Low Appraisals in a Buyer’s Market Slows Recovery
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