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Does market value include the appraisal fee??

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Elliott

Thread Starter
Elite Member
Joined
Apr 23, 2002
Professional Status
Certified General Appraiser
State
Oregon
Earnest money says, sale for $320,000, with $1,000
earnest money. Request from mortgage broker
says, "We may roll closing costs into the loan so see
if you can bring it in at $354,000. If not please call
me first."

Oh, by the way, property has been on the
market for $349,900 for 111 days.

You gotta give them credit for being ballsie.

elliott
 

Terrel L. Shields

Elite Member
Gold Supporting Member
Joined
May 2, 2002
Professional Status
Certified General Appraiser
State
Arkansas
My reply? Pray tell why would I ever appraise it for more than the sales price when it has been on the market for over a year?
 

graindart

Junior Member
Joined
Jan 20, 2002
Professional Status
Certified Residential Appraiser
State
Montana
Terrel,

Are you operating on the metric calendar system? 100 days = 1 year ? :D
 

Farm Gal

Elite Member
Joined
Jan 14, 2002
Professional Status
Licensed Appraiser
State
Nebraska
graindart!!!!

:lol: 8O :lol: :lol: :lol: :lol: very good!
 
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