The Appraisal... Oops!
by Julian on Apr.03, 2009,under House Purchase
I talked to the Mortgage Broker and there was a problem with the appraisal.
...
In the 15 page report from the appraiser they checked the box that read "subject to the following repairs or alterations on the basis of a hypothetical condition that the repairs or alterations have been completed," and added the text "see page three for repair". The problem was that there were no references to any repairs on page three.
Why do this things happen on Friday night?
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