Asked by Kaya, Mauldin, SC • Tue Aug 11, 2009
second (drive by) appraisal came back under the first detailed appraisal by about $25,500. Now it is panic mode. I read where the laws have changed and I am getting an FHA loan. The first and second appraisers are not budging. The first came in above my purchase price but the second as I stated came in below. The second appraiser did not enter the home like the first. I am worried now that we will end up losing this house. What will likely happen in my scenario? The comparables are hard to come by because this house is unique ie. acerage and sqaure footage to the comparable sales in the area. Please help!
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