Buyers Watch for Appraisal Contingencies

Profile picture for StacyNelson

Buyers beware! There is a trend here in Temecula and Murrieta California of investors coming in, cleaning up homes and flipping them for a profit.  That's great for our market to have fresh paint, carpet and grass plus it's driving our home prices up slightly but here's where it gets tricky: investors understand the market and many are asking for buyers to drop their appraisal contingency.

That contingency is there for your protection so think twice before tossing it to the wind.  For the full article please go here. 

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November 16 2009 - US
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