Summary
LOS ANGELES (AP) -- It wasn't the first time that Katherine Scheri ruined a real estate agent's day with a low property appraisal.
Scheri, a real estate appraiser, had sized up a three-bedroom, two-bath house in Santa Ana, Calif., for $30,000 less than the buyers offered to pay. A typical deal-killer for a seller.See the full content of this document
Extract
Low Appraisals Sink Sales
The agent urged the lender to force Scheri to consider other properties that could back up the $310,000 sale price. Then he told Scheri her appraisal was going to ruin the...
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