AppraizinAZ
Junior Member
- Joined
- Dec 31, 2006
- Professional Status
- Certified Residential Appraiser
- State
- Arizona
we're all just a little to slow...
Here's a daily dose:
"The value came in at $228k vs $230k that was requested. Is there any way you can bring in $2k more?" :Eyecrazy:
m2: :new_all_coholic:
Think of the children, waking up on Christmas morning, and the littlest one proclaiming "God bless us, every one, except that bee-ach appraiser that couldn't push a little harder just so the MB could make the payments on his Lexus, and we could get the latest X-Box and Wii, so we aren't ostracized at school becuase my Skeechers are so last month, and mom might not be able to pay the cell phone bill on my razor, and my i-tunes account is about to go into the red....
Thank you Mr Rex for my laugh of the day..hilarious
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The value is what it is. Requesting the appraisal to come in at a certain amount has to stop, period, no matter how small the number is or how small of a percentage it is.
Why can't they just do the loan at whatever amount they want, they know what it is worth and now they can calculate the risk accurately. Why do they always need the appraisal to be at a certain number?
I wonder. Is it that the value is what it is or is it the opinion of value is what it is?
we're all just a little to slow...
You must be very new in the real estate business. If you come in 5 cents below the contract price it is likely a voidable contract. The listing agent, the selling agent, their brokers, the loan rep and his company, the title company (or escrow company) could all get lumps of coal in their Christmas stockings.
However, if you change your appraised value, you could be in a heap of trouble.