October 22, 2012
A reader asks, “We had an appraisal 3 years ago when we purchased our house. It came in at $122000. At the beginning of the year, we had a contract with an FHA buyer and the appraisal came in at $117000, this made the deal fall through.”
“Our house has been on the market over a year, now we have a contract with another FHA buyer and since it
Joe Wallace has been specializing in military and personal finance topics since 1995. His work has appeared on Air Force Television News, The Pentagon Channel, ABC and a variety of print and online publications. He is a 13-year Air Force veteran and a member of the Air Force Public Affairs Alumni Association. He was Managing editor for www.valoans.com for (8) years and is currently the Associate Editor for FHANewsblog.com.
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