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Jill Lowy
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Jill M. Lowy
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Jill Lowy answered:
Hi Gab,
It has been my experience that the developer will WANT to work with you either by meeting you half way, upgrades or even paying your property taxes or HOA for a year! You are under no obligation to continue with the contract if the property did not appraise, however getting more that one appraisal can muddy the waters and possibly effect your ability to cancel the transaction.
Good Luck,
Jill Lowy
It has been my experience that the developer will WANT to work with you either by meeting you half way, upgrades or even paying your property taxes or HOA for a year! You are under no obligation to continue with the contract if the property did not appraise, however getting more that one appraisal can muddy the waters and possibly effect your ability to cancel the transaction.
Good Luck,
Jill Lowy
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