Valued Contributor
Posts: 2,487
Registered: ‎02-18-2010

I'd be conservative - I've had the nightmare of having to re-negotiate price with Freddie Mac because my appraisal came in too low for my financing to work.  I don't know if your house is one that needs work, but mine is (missing kitchen and bathrooms, garage needs structural repairs, etc).  Freddie Mac apparently doesn't quite get that the after-improved value is the one you have to compare to the appraisal price, so they didn't even understand the problem when it occurred.  I probably could have gotten the house despite the other offers if I had offered lower than I did, too. 

Starting Score: EQ 583 TU04 619 EX 592 (lender pull) 2010
Previous High Score: EQ 700 TU04 712 EX 726
Current Score: EQ 740 TU(Discover) 750 EX(AMEX) 747
Goal Score: 740+ all around

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