I got confirmation from my closer that South Florida homes require type HO3 insurance. I also got my policy lowered to about $1,800 per year by sacrificing a lot on the policy.
So I got my appraisal back and my worst fears have been confirmed the appraisal came in under 10K than asking price. Fuck. Then the next thing is that my closer did a voodoo calculation that I don't understand worth a damn and actually said that it is 20K under. So we need to go back to the negotiation table with the owner and short sale bank bastards and attempt to get them to drop the value by 20K.
This does not look good. I am ready to walk. I got fucked out of 370 dollars for an inspection and 425 dollars for an appraisal that fucked me so far.
This is some confusing shit.
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