tag:blogger.com,1999:blog-1864815735750729117.post5655455631309078545..comments2023-10-31T06:28:56.237-07:00Comments on The Housing Chronicles Blog: Some unintended consequences of the new appraisal lawPatrick Duffyhttp://www.blogger.com/profile/01418865588511944900noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1864815735750729117.post-60912050814965013522009-07-11T01:01:18.287-07:002009-07-11T01:01:18.287-07:00i am in same situation but i am the buyer and bec...i am in same situation but i am the buyer and because my loan approval got delayed due to requirement of this new law and second appraisal came lower (from 525,000 t0 490,000 in orlando FL) now the buyers want to sue me because of this claiming a bridge of contract. anyone has any experience or opinions on their chances to get anything out this sue.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1864815735750729117.post-81757648384438584712009-06-17T08:08:13.251-07:002009-06-17T08:08:13.251-07:00We have a full price (849K) offer on our home in W...We have a full price (849K) offer on our home in West Los Angeles, but the whole deal may fall apart because the appraisal came in at $770K. The comps the appraiser used were ridiculous: on very busy streets, not even in the same neighborhood, and not in the same highly sought after elementary school district. This person clearly had no knowledge of the area at all.Anonymousnoreply@blogger.com