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I believe the owner still wants to close on the house by early October.
The house I have under contract appraise lower than the negotiated price which was lower than the advertised price.
After the original offer / counter-offer routine, we learned that the owner on the advice of their agent had declined someone else's offer which was above the asking price as they were leery that the house would not appraise that high.
It just happens that our original offer is within a grand under what the house appraised at.
Stay tuned:
My wife corrected me, our original offer was higher than the appraised value.
Well, after much haggling and then asking for our deposit back , the owner has agreed to selling us the house at the appraised value.
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