Low appraisals are one of the major breakers of these deals. If the appraisal is too low, the lender will not give you a loan for the deal. To keep the deal you’ll need to add more money to your down payment or negotiate the price with the seller. Title insurance and home inspections should also be expected. The lender will have to make sure the seller fully owns the house. Defaulters will not own the house fully. All these cautionary concerns need to be kept in mind by the buyer. If anything goes wrong but appropriate contingencies are in place, the deal may still be saved
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