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Personal Finances / Buying or Selling a Home

URL:  https://boards.fool.com/new-home-appraisal-rules-cause-chaos-appraisals-30755519.aspx

Subject:  Re: We have accepted an offer on our home Date:  6/29/2013  10:25 AM
Author:  vkg Number:  125685 of 129131

New Home Appraisal Rules Cause Chaos

Appraisals are done at the front end of the process. Not appraising will break some deals in a hot market, but it will be early in the process.

We would not have accepted an offer contingent on appraisal. The offer we accepted were from buyers prepared to make up the difference between selling price and appraisal.
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