A Community for Mortgage Loan Officers

The appraiser corrected the error and increased value to just over purchase price, thank GOODNESS . We close in 3 weeks

I haven't bought leads from Zillow but I've had luck comarketing with realtors on Realtor.com. The leads suck, but I'm better than breakeven with the one realtor I'm doing it with right now. He hustles though, I'd imagine not all realtors could be profitable with it.

Thanks guys, we found that the square footage was actually short so we just submitted back to our AMC

We politely asked for a 'reconsideration of value' based on the 'higher and correct' square footage I'll let you know how it turns out!

I'm not sure which lender you're talking about, but I know Fairway has something like this. If you read the fine print though it's all just talk. This is directly from their website, see the very bottom where it states, "Note: If the seller opts to have Fairway purchase their home, Fairway will...

Hi guys, I'm hoping someone can help me here, I had an appraisal come in $4000 short, and of course both agents are pissed because it's so close to the purchase price. Any advice on how we can dispute the value and have the appraiser actually listen? I've never had an appraiser change their mind bef...