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Updated about 5 years ago on . Most recent reply

Jafar Seife's profile image
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Jafar Seife
  • Member since Jul 1, 2019
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Jafar Seife's profile image
Jafar Seife's profile image
Jafar Seife
  • Member since Jul 1, 2019
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Jafar Seife
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6
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Buying & Selling Real Estate

Appraisal and Closing Cost

Jafar Seife
Posted

Listed a property and got an offer for a full asking price. The buyer is an FHA buyer and not asking for closing costs. Instead they are adding closing cost of $3200 to a purchase price. Property listed at $84,800. Offering $88k.I am afraid I will run into appraisal issue. My property will not appraise for 88K. Any ideas how I may navigate this. Ps buyer is not willing to come out of pocket on the CC.

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