4 ms·
You can go above appraisal, you just have to cover the difference in cash. It’s pretty standard in high demand markets.
by elteto 3y ago
You can go above appraisal, you just have to cover the difference in cash. It’s pretty standard in high demand markets.
- lolinder 3y agoYes, that's what we did, but that's out of reach for most first-time local buyers, who typically barely have enough for the down payment on the mortgage. An influx of out-of-state buyers who have lots of equity in their to use will therefore price out the locals.