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What You Say on Facebook Can and Will Be Used Against You
What You Say on Facebook Can and Will Be Used Against You
A few years ago I was representing sellers who were moving up to a new construction home within the area.  We got an offer almost immediately when their home hit the market.  All was well with the world....that was until the appraisal was done.
The value came in $3,000 below the sales price.  Yes, the appraiser seemed unwilling, or unable, to find another $3,000 in improvements to the home.  We dug through his report.  The appraiser noted that the home needed "significant improvement."  What?  They had just put in new appliance, new wood floors and carpets, renovated the bathrooms AND painted the entire home.  The yard was fenced and there was two tiered deck.  Needless to say, we suspected the appraiser would make the correction when the statement of condition was brought to his attention.
We were wrong.  The appraiser stuck to his valuation and it became time for the buyers and sellers to figure out how to proceed.  My sellers wanted to sleep on it, but seemed inclined to letting the $3,000 go and negotiate the price down to appraised value.  That was, before they looked in on the buyers on ... more

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