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Updated over 10 years ago, 04/26/2014

User Stats

92
Posts
26
Votes
Jessica G.
  • Investor
26
Votes |
92
Posts

Rapid appreciation in DFW -- what if house doesn't appraise

Jessica G.
  • Investor
Posted

We are thinking about putting a house on the market in DFW (updated starter homes are going in hours under multiple offers) and I am pretty sure financing bank's appraisal is going to come in at less than what a buyer is willing to pay for it.

We're not going to lower the price to accommodate bank financing when it's such a hot seller's market (unless we have to, and I don't think we do), so do you think I need to communicate that in the listing, or just let agents know?

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