On today's show we tell the story of a buyer who found their dream home in Richardson, Texas with the help of real estate agent Gibson Aguirre. They were under contract for a conventional 15-day close, but their happiness was short-lived when the appraisal came in $71,000 lower than the purchase price. Most buyers in this situation would be discouraged, but Gibson didn't give up.
He explored various options, including disputing the appraisal and switching lenders. Ultimately, they found a new lender who offered a higher appraisal and the buyers were able to close on the house for $5,000 less than the contract price!
We also talk about:
- - The big Fed announcement!
- - Why having a great real estate agent can make all the difference in a difficult situation.
- - What to do if you encounter an appraisal gap.
- - How the fall season can be a good time for buyers to find deals.
- - Tips for choosing the right real estate agent.
And BONUS! DP Lambert, an insurance expert, joins us on the show to discuss the importance of shopping around for homeowners insurance, especially in the current market.
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
24/7 News: The Latest
The latest news in 4 minutes updated every hour, every day.
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.