Be aware of "Discounted Prices". I ran into a problem with my NEW CONSTRUCTION home--had a Discounted price--guess what appraisal came in at discounted price...not listed market value before the discount. I knew what I was paying after the appraisal--but thought cheap marketing technique by TV....
Anticipated 9,000+ off new home value--got no discount from appraiser. Value was what I paid. Seemed TV would know the value of the home before setting a price. Same technique as retail sales--up the price to show a discount to get a buyer.
Price didn't make the sale--location, type of house and lot made the decision for us to buy! Either way--happy I am in my new home
|