Posted by lukeNC on November 03, 2009 at 02:21:42:
In Reply to: buyer backs out posted by Charles in MD on November 03, 2009 at 01:05:24:
oh yes. Lenders many times will over appraise a house. Thats part of the reason they are in such a state of disrepair.
I dont see any problem with having the bank talk to the guy and explain.