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 over 4 years ago,
Appraisal too expensive?
I'm in the process of buying a duplex and now my lender needs me to get an appraisal on the property. Lowest quote I got was $1100, and it stings a bit knowing I can pay that much and have the deal fall through at a later stage. Any suggestions what to do? My main worry is if the appraisal comes in way lower than contract price I won't buy it and then I wasted a thousand dollars...