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Reply to "Anybody bought at house without an appraisal contingency?"
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[quote=Anonymous][quote=Anonymous]OP Here: Yes, we do have the cash to make up the difference if the house doesn't appraise, but I am worried about paying over the value. My agent has suggested that we are in a rising market (North Arlington) and that appraisals can 'lag', but I'm not so sure.[/quote] Are you going to be sick if you lose the house? Are you going to be sick if you get the house for $762K, but find out later it appraised at $725K? You have to decide what is more important to you.[/quote]
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