BrokerageIndustry News

Low appraisals kill sales in today’s market

Part 1 of 2: How to close deal when lender says 'no'
Published on Aug 27, 2007

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by CareyBot

(Read Part 2, "Private financing, rate buy-downs can rescue sale.")

You have a property under contract, the buyer is preapproved, and the lender says, "Your buyer no longer qualifies for this loan." What do you do ...