I was supposed to be at a closing next week for a deal I worked long and hard for. The appraisal came back and blew the deal up. Seems the appraiser thought less of the house than the buyers and sellers did, and us the agents for that matter. The contract was accepted back in June. My buyer kept asking for more and more. The seller actually gave everything he had asked for. This was a nice little house in Covington located close to The Tammany Trace. My buyer wanted the refrigerator included in the contract. Turns out this was an expensive appliance. The seller agreed until the appraisal came in low. My client (buyer) didn't want to give an inch. The seller said he would take the lower appraisal but that it would not include the fridge. No way said my client, a contract is a contract. I agreed and tried to persuade him to let it go. No dice. Oh well I guess I will type up the cancellation agreement after I finish this. I always thought buyers were easier than sellers. You know what, it depends on the individual. Not the side of the contract they are on. I will skip any further details because it got kind of crazy.
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