Tag Archive for: contract price

Appraisal Comes In Higher Than Contract Price? Correlate to Contract; Red Flags

We remind readers often that no matter how high a purchase appraisal comes in over contract price, lenders always have to correlate to the price on the contract for financing […]Read More

Lenders ALWAYS Correlate to Lower of Contract Price or Appraisal

One of our borrowers has been in contract to purchase new construction in Oakland for almost 9 months. His plan was to put down 10%. Now that the property is […]Read More