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Updated over 7 years ago, 08/02/2017
Offer above appraisal
I bought a HUD home at 83K and the appraisal just came back at 80K. We would have to come to closing now with an additional 3k. This is an owner occupant. Any advice would be greatly appreciated. The house needs some repairs in the area of 6-8 thousand. The plan was to live in it for a year and then rent it out. Thanks