Just finished an fha quad design townhouse with sales contract of $92,900. Estimated value $90,000 cause highest sale in development was $85,000 which was not updated like subject. Had to use comps outside development that had newer actual age but similar effective due to subject updating. Agonized for full day about whether to use comps that the little voice in my head was teeling me were in superior developments to make it work but finally could not justify it since I felt I had stretched value already. So finished report and sent out and got ready for the nasty calls. OHH also, client is at this time the only local mortgage broker I will accept non COD orders from since we just worked out a deal for me to be paid each week for work completed. Had been working for one of the loan officers for this broker for over a year and found him to be reasonably honest and he always collected appraisal fee up front and did not apply much pressure for a value. Well of course the first week I get a bunch of whacked out orders from the other crony loan officers and have to bust a few deals after the inspection due to below average maintenance etc... Owner of brokerage is now giving me the line that he never had this happen before but having been around awhile I am thinking right that's why all of a sudden you want all of your loan officers to use me. I don't think that happened because they suddenly came to the realization that I am the best appraiser around here, I think what happened was they pissed off the appraiser they were using or that appraiser blew a few too many deals and they are now going to use me cause they think they can sucker me into not blowing deals just to get their business. That being said, i get a call yesterday from the mortgage broker owner who is all happy and says can you change your report to reflect the new contract price of $90,000. Will wonders never cease but I am not so dumb to think that the sh-t would not have hit the fan if the seller had refused to lower the price. I think this is the first time that I have blown a sales contract and not been beat up over it. My DR. JEKYL side is way dominant now but MR. HYDE lurks close by. Chaulk one up for the never reported stats saying that appraisers hit the sales price 90+% of the time or more! I wonder what I would have done if the slow down had continued? I wonder whether I will hold my ground next time? I wonder what I would have done if my house wasn't paid for or if my financial situation was not as good as it is? I just wonder sometimes.