Does an “allowance” in a Baton Rouge purchase agreement have any pull in an appraisal?

allowances in baton rouge purchase agreements for decorating

I recently received this question from a local Greater Baton Rouge REALTOR®: “Does an “allowance” in a purchase agreement have any pull in an appraisal?” Good question. Allowances indicate dated condition to an Appraiser One question a Baton Rouge Appraiser would ask is if the seller is offering a decorating allowance, whick is really a concession, of say $5,000 for carpet and paint, is the listing over priced? Seriously. Is the $5,000 just another concession and the seller is having to pay a buyer to buy their home? Same with excessive seller paid concessions over $3,000 to $4,000 of say Continue reading Does an “allowance” in a Baton Rouge purchase agreement have any pull in an appraisal?