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Dishin' Dirt on Bridging the Appraisal Gap
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We continue to see a red hot market with little inventory and plenty of competition. This means that buyers are still making above asking price offers. It also means that you have to figure out how to bridge the appraisal gap. This podcast examines the market stats that create this market. I also discuss the difference in appraisal contingencies and appraisal gap clauses. Lastly, I discuss issues that could kill your deal as well as how to draft language to covers all aspects of the appraisal gap transaction.
Also, another episode of Gary's Good News Only!
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The skinny
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