Here's one for you all..........so, waiting on re-eval appraisal .... broker finally got ahold of appraiser today who says he sent the new info to the "mgt company" (middle man between lender & appraiser I guess) on MONDAY, the 5th!!!!!!! Now, my lender is trying to contact the mgt co to get the update. So, I've known for 2 hrs now that the appraisal is back but no one has a $$ amount! Killin' me here!
@Holly1221 wrote:Here's one for you all..........so, waiting on re-eval appraisal .... broker finally got ahold of appraiser today who says he sent the new info to the "mgt company" (middle man between lender & appraiser I guess) on MONDAY, the 5th!!!!!!! Now, my lender is trying to contact the mgt co to get the update. So, I've known for 2 hrs now that the appraisal is back but no one has a $$ amount! Killin' me here!
How fantastic is that? Its not like your arent on a deadline or anything (eye roll). Got to love this process.
On my awesome end, the realtor got unlicensed roofer quotes so now there may be an issue that the roof needs to be done by a licensed roofer. Im just losing it at this point. This house is not going to happen. It is literally one thing after another.
@Holly1221 wrote:Got the long awaited re-evaluation today and........................came back same amount! Appraiser says school district price difference is "great in theory, but not all buyers have children". He also said the comps my realtor provided were in a superior subdivision and were listings & not actual sales and had 600 & 1500 more sq footage. I'm now questioning having used the same realtor as the seller as I see she is trying to push the price up. Now that 2nd review of appraisal came back the same with those reasons listed, seller will have to lower the price or we will have to walk.
Any mortgage pro's know if it's "illegal' to use comps from a different school district?? That is what the realtor said her broker told her. We're in an area where school districts are defined by a certain street but both districts home address are same city.
I got excited for you until I realized you meant the appraisal came back as the same amount as before. At first, I thought you meant it came back as the purchase price. 
Keeping my fingers crossed for you that the sellers will drop price to match the appraisal. I would if I was the seller. How long has the house been on the market?
Who knows when I'll hear anything back. My husband says to just wait & see what realtor has to say. Of course I have zero patience & want to call her right now & say to negotiate with the seller. We can't come up with the difference either.
So, I've decided I need to get busy here @ work 
and relax for a minute. We have a Christmas party tomorrow so I may have to do a little outfit shopping instead of stressing over this!! If she will not sell, we'll keep looking. I spotted a couple of houses online last night and they were CHEAPER!
@Holly1221 wrote:Who knows when I'll hear anything back. My husband says to just wait & see what realtor has to say. Of course I have zero patience & want to call her right now & say to negotiate with the seller. We can't come up with the difference either.
@Anonymous, I've decided I need to get busy here @ work
That is AWESOME! Maybe this just isn't your house. I would even get started looking at those other ones right now. What could it hurt.
I wish we were in that position. We can't just look for other houses, because our farm needs to be relative close to where we move. There is nothing for sale around us. The only other house is a beautiful two story with lots of barns and way more acreage, but only about $40k more. But there is no way that would go FHA.
If this doesn't work out for us, we will have to apply with the Farm Service Agency and that is like a 6-8 month process. But maybe in the end it will be better for us. Gotta have some faith, right?