Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 7 years ago,
Appraisal contingency how many days?
We usually do owner finance so I have little experience with this.
Received an offer we would like to accept but appraisal contingency is for 24 days
I really don’t want to tie the house up for that long if the appraisal comes back lower than selling price. Which I think it may as house prices have simply exploded in the past 3 months.
Is 24 days too long to allow for an appraisal in your opinion?
Any other words of advice are appreciated. Thank you