Quote:
Originally Posted by sa226
That's true regarding the principle.
My concern is the value of this purchase. Its going to probably more short term. The reason the appraisal came back like it did is the lack of comparables. I don't (think) a different appraisal will change anything.
I'm just trying to make the right financial decision. I don't have that cash laying around. Most of it went to the down payment.
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Speaking as a residential appraiser, I would say a different appraiser might potentially result in a better value. If you'd like, you could PM me and I could do an unofficial and cursory valuation to see if its worth pursuing another appraisal.