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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: That's a simple one. Posted by Nick on December 28, 2009 at 7:09 PM In Reply to: Re: That's a simple one. posted by Nick on December 28, 2009 at 6:22 PM : he could also ask the buyer to bring a second appraisal This property needed 3 appraisals: 1488 Endicott Dr, San Jose, CA 95122 http://www.redfin.com/CA/San-Jose/1488-Endicott-Dr-95122/home/892021 If I remember right, appraisal #1 was 365k. It sold for 400k and appraisal #3 came in at 400k. Sale date was 7/27/2009, and at this time HVCC was in place. The first appraiser had "appraised" 365k because that was the MLS asking price. There were multiple offers and that's why it sold for 400k. Follow Ups: That property was sold FHA which is exempt from HVCC. (nt) JK (the other JK) 8:39 PM, 12/28/09 (0) Post a Followup: Name : E-Mail : Subject : Comments: : : he could also ask the buyer to bring a second appraisal : This property needed 3 appraisals: : 1488 Endicott Dr, San Jose, CA 95122 : http://www.redfin.com/CA/San-Jose/1488-Endicott-Dr-95122/home/892021 : If I remember right, appraisal #1 was 365k. It sold for 400k and appraisal #3 came in at 400k. : Sale date was 7/27/2009, and at this time HVCC was in place. : : The first appraiser had "appraised" 365k because that was the MLS asking price. : There were multiple offers and that's why it sold for 400k. [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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