Deciding to buy a home or refinance a mortgage is a big step. You can trust that we’ll explore every option to help you achieve your goals. We will give you the personal attention and respect you deserve. We understand you’re making a commitment in buying a new home, refinancing a mortgage, or cashing out your home equity. We will help you every step of the way.
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Have you ever worried that the home you fell in love with will appraise lower than your offer price?
Yesterday, I got a frantic call from a first-time buyer. Their appraisal came in 8,000 dollars short of the purchase price, and they thought their dream of owning that house was officially dead.
They assumed a low appraisal meant they had to pay thousands of dollars extra out of pocket right now or walk away and lose the house.
Hold on a second! A low appraisal is not a brick wall. It is actually leverage!
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