House didn't appraise
Aug 29, 2015 1:00 AM - Q. We got an offer on our home for $365,000, got the appraisal back from the buyer's lender for $365,000. Five days later, the lender reviewed the appraisal and changed it to $350,000 (exactly the price the buyers wanted before negotiations.) So I guess what I'm asking is what good is an appraisal if the lender is going to tell you what your house is worth?