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The sales price of the home is higher than the appraised value, but the homebuyer has the funds to reduce the amount down to the appraised value. Does GUS support this?

April 26, 2017appraised funds Gus Home homebuyer price reduce sales value

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The sales price of the home is higher than the appraised value, but the homebuyer has the funds to reduce the amount down to the appraised value. Does GUS support this?

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Yes, reluctantly. There could be an extreme case out there. If so, consult with your local RD office. We like to watch out for the customers. Perhaps the customer could use some home owner education or sound financial advice. You could help in this regard.