Just to get my mindset adjusted...Thanks!  

With experience, you will find some values that don't scale and will know how much to adjust for, but minus that experience, think of rules of thumb like training wheels. 

Agreed, you purchase it and you can add on addendums for anything additional such as options to renew or rent adjustments.

@Joe Au Debt give you chance to lock in assets shich you cant afford right now at full price, in process helping lock in at lower price compared to future inflation and growth adjusted price.

The interest rate on my HELOC is adjustable and linked to Prime (currently 3.5%), no spread.  

Will require some minor adjusting of electrical outlets (pulling them out a bit) to accommodate backsplash tile.

They risk adjust loan rates by adding to the rate and spread which they will receive based on the underwriting which is a review and assessment of the probability and recoverable of the principal being lent out.

The whole idea of using an independent adjuster rather than the insurance company's adjuster makes sense but I've never gone through this process with one.

Also, the bank's rep isn't changing the value of the judgment, they are simply adjusting the price , and therefore the amount of loss they are willing to take, that they will let it go for at the auction. 

Some lenders will underestimate escrow and then it will be adjusted up at closing.Hope this helps.Upen Patel