Hi Brian
Thanks for replying to my email is email is pokerochelle@yahoo.com or my # is (314) 382-6314
The VA loan wont go through if the appraisal only comes back at 50K and the homeowner still wants 73K.
The appraisal itself may be your bargaining chip with the homeowner to get his price down.
Your response should be “I may be young, but the (Army, Navy, Marines) teach us not to be gullible in pressure situations. I just cant pay more than the home is worth”
Dont forget to subtract the realtors fees, ect from the purchase price. Then you might even be able to reduce your “downpayment” amount by getting to him agree to wait for that amount to come to you from the tax credit.
