ST Alpha - "Good luck with that. Ours suddenly dropped by 15% because of the comparables that happened to be on sale at that point." (Reading a Post)

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In response to "that would depend on the appraisal truthfully. if it doesnt change from my original from 21 months ago -- nm" by tRuMaN

Good luck with that. Ours suddenly dropped by 15% because of the comparables that happened to be on sale at that point.

Posted by spamlet Mar 25 '13, 11:27

The only comparable was a foreclosure that had been on the market for 6 months and the appraiser decided that it was close enough to ours to completely derail our refi.

Responses:

did you still have to pay for the appraisal? -- nm - tRuMaN Mar 25, 11:37 11
- Yes, thankfully that was all that we were out. -- nm - spamlet Mar 25, 11:44 10
  - tengo uno amigo who is refi via BoA right now. if the appraisal comes in low, BoA eats the cost. -- nm - amanda Mar 25, 11:45 9
    - Hmm, that's interesting. I was going through the Costco lender and they did not eat the fee. -- nm - spamlet Mar 25, 11:46 8
      - which lender? - tRuMaN Mar 25, 11:51 3
        
        I don't remember other than they were out of KS somewhere. -- nm - spamlet Mar 25, 11:56 2
        
        i think i know which one that is. - tRuMaN Mar 25, 11:57
        
        And it really wasn't their fault. I was very happy with their service. It was the appraiser that I was pissed at. -- nm - spamlet Mar 25, 11:57
      - creo que WF dijeron (is this right?) the same thing. BoA wound up winning on timing more than anything. -- nm - amanda Mar 25, 11:49 3
        
        [deleted] 2
        
        mother effer. (como se dice "mother effer" en espanol?) (como se dice, right? not just como dice?) -- nm - amanda Mar 25, 11:53 1
        
        You are correct on como se dice. I'll let Jack answer the other part. -- nm - spamlet Mar 25, 11:58
ugh. that sucks -- nm - prayformojo Mar 25, 11:29
what a bastard! -- nm - Epiphany Mar 25, 11:28 2
- Stupid new bank regulations meant I couldn't really contest it unless I thought there was malfeasence. - spamlet Mar 25, 11:45
- this. throw a rock through his window. -- nm - Beaker Mar 25, 11:42

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Good luck with that. Ours suddenly dropped by 15% because of the comparables that happened to be on sale at that point.

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