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Posts: 151
The appraisal for the property we are in escrow for came in 20% below selling price. So I guess either the bank lowers the price (woohoo) or they
Posted by
James Bond (aka Igor) (aka Igor)
Aug 14 '09, 14:05
sit on it.
It is a foreclosure. I doubt the bank can prove it is worth more. I do think the appraisal is low balling it however.
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