hopkins's Profile

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August 21, 2009

Home Appraisal

I have contracted a townhome at 295K with 5K closing cost assistance. However it was appraised for 286500 and seller is saying she will not come down. I worked with my lender they after changing some terms, reduced the closing cost to the level where I dont need sellers assistance. With no closing cost help seller is loosing just 3k but he is still not budging. What should I do. I think I have already done my job by accepting little higher interest rate. Please please give me some pointers