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Updated about 2 years ago,

Gurjot Grewal's profile image
Gurjot Grewal's profile image
Gurjot Grewal
  • New to Real Estate
  • from Vancouver, British Columbia
  • Member since Feb 27, 2022
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User Stats

157
Posts
86
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Gurjot Grewal's profile image
Gurjot Grewal's profile image
Gurjot Grewal
  • New to Real Estate
  • from Vancouver, British Columbia
  • Member since Feb 27, 2022
Connect
Gurjot Grewal
  • New to Real Estate
  • Vancouver, British Columbia
86
Votes |
157
Posts
Starting Out

A newbie question about appraised value and financing.

Gurjot Grewal
  • New to Real Estate
  • Vancouver, British Columbia
Posted

I am unsure how to word this to search the forum. I'll give an example. Say I get an offer accepted for 300k on a property, and the appraisal during my option period shows it's worth 380k. At what point can I use the 380k value to finance my property? Could it be done right away? 

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