All Forum Posts by: Andy Bhuchar

Hi All - just got my appraisal back and the appraised value is the exact same amount as the purchase price. The purchase price was negotiated down by about $40K prior to going into contract.

Question - does it seem strange that the appraiser's value exactly matches? My cynical side has me wonder if the true comp value may be lower but the appraiser working with the lender doesn't want it to fall through.

TIA! 

Hi All,

I've been seeing a few properties now that may work numbers wise for my goals (long term rentals) but they tend to have the 'curb offers only' condition.

Most don't have any photos of the inside either (these are all MLS listings), and are generally already tenant occupied.

Have you been involved in such transactions? Would appreciate you sharing your experiences and any potential pitfalls one should look out for

Thanks very much!

-Andy