Low Appraisal


New to the site. Just wondering if anyone has had the same experience as me. I am in contract to buy an apartment in a coop and am applying for a fairly large mortgage. the appraisal came in 35K lower than the price I offered and am in contract to purchase the place for. i have heard very conflicting opinions about how this could affect my loan. Thoughts?

Categories: Mortgage
By redhookschnook | 03/12/2010 2:40 PM | Comment