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Updated over 8 years ago,
Proof of Funds for Cash Difference After Low Appraisal
Hi, Do you think it is a reasonable request to ask for the actual appraisal amount of a low appraisal and proof of funds for the cash difference? It is written in the purchase agreement that the buyer will bring up to $6K cash to the table if the appraisal comes in low, since the property sold for more than asking price in a bidding war.