Usacomplaints.com » Business & Finance » Complaint / Review: FHA Loan - Unfair Appraisal. #560188

Complaint / Review
FHA Loan
Unfair "Appraisal"

We're promoting our house to some customer looking to get financing through FHA. He qualifies let me make it clear for that mortgage. He was spending $125,000 and we were providing him $5,000 towards closing fees. Your house was evaluated in November by an FHA appraiser for $125,000. We'd our home evaluated for $123,000 last August. We've transferred from the house convinced that the final was said to be occurring February 8th. We simply discovered the mortgage was refused in underwriting since somebody within an FHA workplace doesn't think the folks which have evaluated my home and stated the worthiness is $85,000. Where might they develop this quantity? Why might they are doing this? Why get an evaluation completed? They've destroyed us and our purchase—where could we proceed from below—we differ, our attorney disagrees, everybody we keep in touch with is in SURPRISE! Please assist us, PLEASE! We're going to shed the home we have to purchase and we cannot manage two mortgages. And also the statement in the expert actually went as significantly to express our region is really poor that it'snot valued because the 1960's. If that's accurate we shoudl be promoting our home for $25,000. Please assist us, so what can we do to change this...


Offender: FHA Loan

Country: USA   State: New York   City: Madrid

Category: Business & Finance

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