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Updated almost 4 years ago,

M.J Ma's profile image
M.J Ma's profile image
M.J Ma
  • Investor
  • Member since Nov 28, 2020
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M.J Ma's profile image
M.J Ma's profile image
M.J Ma
  • Investor
  • Member since Nov 28, 2020
Connect
M.J Ma
  • Investor
1
Votes |
4
Posts
Buying & Selling Real Estate

Low Appraisal - what are the seller's options?

M.J Ma
  • Investor
Posted

We are in escrow on an investment property. We offered 3K above appraisal value. However, appraisal just came back 30K below listing price. At this, what are the seller's options? Can they legally back out if they accepted the offering with 3K over appraisal?

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