Buying A Home
Sweet Sadie Mae
member
Dear Community,
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
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Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
trying to close
We have our first home up for sale. We had someone make an offer which we accepted. It was supposed to close on May 31st but the buyers appraiser didn't make it in time so it was supposed to close today. It's not closing today because this woman appraiser is either a complete moron or a complete ***. She listed our home (which was renovated before we bought it and we have since made more improvements on it) as fair. Ummmm what?! The bank requires it to be average or good in order for the buyer to get a loan. The only reason she marked it as fair is because the BRs are on top floor and bath is on 1st (its a small 2 BR/1 bath). She will not change it. There is nothing wrong with this house otherwise. I am so upset and I feel so bad for the buyer. I know he went and bought a washer and dryer and possibly a fridge already and now we all have to figure out what our next move is. Sooooo mad!?
Re: trying to close
How far off is the appraisal value from purchase price? Or is it just the ranking of fair instead of average? What are the possible solutions to that?
We are going through this as the buyer. We were supposed to close May 31st, but our appraiser waited until the last minute and then valued the house $12k less than the contract. We are not bringing any cash to close this property and are waiting to see if the seller is going to come down in price. We should know today.
I wish you luck, it sucks on both sides of this situation.
Is there room to put a cheap small bath upstairs?
Was is it an FHA appraisal because that stays with the property for 6 months.
The loan was denied. He's going to go through the person that appraised our home or maybe he's changing to our bank completely. I don't know but closing won't be until July now. Ughhhhh lets cross our fingers that it works this time around.