we agreed and signed the contract with our builder on the price...done
he recommends a mortgage broker to use, we liked him so we went with him.
They just got 2 appraisals in and both were about $25k LOWER than the price in our contract. So no mortgage company will let him sell for higher. The house is up and electric/plumbing are in - siding/windows, etc is done already. our expected move in is supposed to be in may
I'm nervous he will hold the house till it can appraise higher....he's not a jerk, and i'm hoping this doesn't change anything ....waiting to hear what they say
has anyone experiences this?