Vantage Point

So the housing situation isn't nearly as bleak as it seemed at the beginning of the week. The house under appraised by a fuck ton, but that isn't my fault and the other tid bit of news is the title for the house is not legally correct which too isn't my fault. So this is putting pressure on the seller to fix it whatever the fucking problem is.

Then there is the fact that since the house is under appraised if the review I am submitting isn't accepted then I have to get a second appraisal. If the house still doesn't appraise then the seller is fucked because their asking price is ludicrous. Which means they have to eat the reduction in price or sit on the house. I know that they are moving, so it is highly doubtful that they are just going to sit on it.

Taking this from a different angle, let's say someone came in and made a cash offer, why would they pay more than the appraisal value? Unless they are a stupid rich person who just wants the property because they do, this won't happen. No one would normally pay more for something than it is actually worth.

Ergo, the seller has way more to lose than me. They need this sale worse than I do so if they have to take a 44K cut, then so be it. Not my fault.