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Old 05-18-2006, 03:13 PM  
oldtimer
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Join Date: Jan 2003
Posts: 250
1. Contact the seller and tell him the bank loan hinges on the appriasal value, and your afraid it might not go through.

2. Ask him if the loan fails will he be willing to lower the price so you can get a mortgage.

3. If he says yes, ask your loan manager to write you a letter stating they are concerned about the low appraisal.
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