Sunday, March 10, 2013

FHA Appraisal mess, do we try Conventional? - Zillow Real Estate ...

The problem is appraisers give an opinion of value and if you higher 3 different appraisers you can get 3 different answers. ?I would recommend waiting to see if the appeal comes back higher. ?If not, certainly, consider getting a conventional loan. ?It maybe a better deal for you anyhow with no upfront mortgage insurance and hopefully no or smaller amounts of monthly mortgage insurance. ?Good luck. ?

Source: http://www.zillow.com/advice-thread/FHA-Appraisal-mess-do-we-try-Conventional/482049/

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