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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: posthumousone who wrote (475)8/29/2001 1:38:24 AM
From: Karen LawrenceRead Replies (2) of 306849
 
hello

Just last week, my sister, a California realtor, was complaining that although a house she'd listed had sold for 190k, the bank appraiser then appraised it for 185k and said the selling price therefore would have to be reduced by the difference. She said in six years, this is a first for her.
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