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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] That property was sold FHA which is exempt from HVCC. (nt) Posted by JK (the other JK) on December 28, 2009 at 8:39 PM In Reply to: Re: That's a simple one. posted by Nick on December 28, 2009 at 7:09 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: 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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