>Real Estate bubble is bursting The appraisal just came in for the house my parents want to by. The sellers listed it at $830k but the appraisal came in at $750k. The realtors are shocked and the sellers are challenging it! They know what it's worth!

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Anonymous Thu Dec 13 22:07:12 2018 No.12112170 [Reply] [Original]

>Real Estate bubble is bursting

The appraisal just came in for the house my parents want to by. The sellers listed it at $830k but the appraisal came in at $750k. The realtors are shocked and the sellers are challenging it! They know what it's worth!

>>	Anonymous Thu Dec 13 22:08:29 2018 No.12112180 Do those dummies not realize we're sliding into 3rd world status? You're supposed to bribe the appraiser, dumb dumbs.

>>	Anonymous Thu Dec 13 22:10:34 2018 No.12112198 >>12112170 Many houses are selling for 10-20% above appraised value. Tell your parents to stop being so fucking cheap and to pony up the difference in cash.

>>	Anonymous Thu Dec 13 22:14:17 2018 No.12112225 >>12112170 Offer them 350.

>>	Anonymous Thu Dec 13 22:25:15 2018 No.12112324 >>12112198 But why?

>>	Anonymous Thu Dec 13 22:32:11 2018 No.12112373 >>12112198 My house appraised 10k under my offer. I told the sellers to fix one repair request that cost 3k. The rest I did myself for like 500 total. Saved 9500 dollars!

>>	Anonymous Thu Dec 13 22:33:45 2018 No.12112384 >>12112170 >Sellers listed it at ridiculously expensive >Appraisal came in at slightly less expensive If your parents have that much money, they should buy or build a house in a place where houses are priced reasonably and retire on the rest of it.

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/biz/ - Business & Finance