Appraisals: The Good, The Bad, and The Ugly
In this edition of Tuesday Morning Coffee, John presents both sides of the drama that can be a sub-par appraisal. Low appraisals have been known to kill the deal many times, especially in the current market conditions, but it doesn't have to be that way. There are options to keep the banks happy and get the deal done.
John, speaking with the issue fresh on his mind from recent experience, shares some of the causes of the potential deal-killer as well as the most common ways to save your real estate transaction.