How about a buyer story that the lender passed the bank's price estimate directly…
How about a buyer story that the lender passed the bank's price estimate directly to the broker instead of the buyer? accepted? what would you do?
My wife and I made an offer for a $ 245,000 home listed for $ 235,000. This neighborhood is in high demand and we started dealing with many other offers within hours of the house appearing on the list. Our bid was selected and everything was smooth so far, but we got the estimate back and it is an estimate of exactly $ 235,000 - lower than our bid. We were disappointed, but there are options. However, it became clear to us that the lender had sent the kit to the registration agent before sending it to us. The registration agent is now calling all the brokers in the area who have registered the computers and are trying to get the bank / appraiser to re-evaluate so that it fits our offer. I feel like our lender has taken the rug out from under my wife and I in relation to our negotiating power, or at least our options to move forward. What should we do next? Was it proper for the lender to send the appraisals to both parties without my consent? We're in Ohio.
The lender sent an assessment to the seller before sending it to my agent and me.
My wife and I made a bid for a $ 245,000 house that was
Listed for $ 235,000. This neighborhood is in great demand and so are we
Oppose a number of other offers within hours of home
Be registered. Our proposal was chosen and everything went smoothly
So far, but we have received the estimate back and it is $ 235,000 estimate
Exactly - lower than our offer. We were disappointed, but there is
options. However, we discovered that the lender sent the appraisals
To the listing agent before sending it to us. The registry
An agent is now calling all the realtors in the area who signed up
Computers trying to get the bank / appraiser to reassess it
Match with our offer. I feel like our lender has taken the rug out
Under my wife and I in relation to our negotiating power, or at least
Our options for moving forward. What should we do going forward? There was
It is normal for the lender to send the kit to both
Lender Sent Appraisal to the Seller's Agent before he sent it to my agent and I.
My wife and I put an offer in a $ 245,000 house that was
listed at $ 235,000. This neighborhood is very sought after and we
were up against multiple other offers within hours of the house
being listed. Our offer was selected and everything has been smooth
so far, but we got the appraisal back and it appraised for $ 235,000
exactly - lower than our offer. We were disappointed, but have
options. However, we found out that the lender sent the appraisal
to the listing agent before sending it to us. The listing
agent is now calling all the realtors in the area that listed the
comps trying to make the bank / appraiser re-do the appraisal
match our offer. I feel like our lender pulled the rug out from
under my wife and I in regards to our negotiating power, or at least
our options moving forward. What should we do moving forward? Wash
this is normal for the lender to send the appraisal to both parties
without my consent? We are in Ohio.
submitted by / u / 12345_54321
[visit reddit]
[comments] ——————————————————————
Wed, 04 Sep 2019 13: 31: 09 + 0000
Real Estate Newsgroups from the United States - Post automatically translated 2 - Hebrew version
To post questions about real estate in the United States now join the Real Estate Group and interest - United States Real Estate Forum:
www.facebook.com/groups/ForumNadlanUSA
----------------------
The original responses to the post can be read at the bottom of the current post page on the site or in the link to a post on Facebook and of course you are invited to join the discussion
It is not acceptable to send the freelance to any third party other than the buyer who paid for it. Sometimes the landers also send to the buyer's agent, but also only with the buyer's approval.
As for the loss of ability to negotiate, it is not entirely accurate because even if you were to open negotiations based on the appraiser's report, the other party would probably have done the same checks against the last sales that were in the neighborhood and asked to appeal the report.