Expectation: Clear to Close. Reality: Appraiser Found a 2009 Comp
- ricklahkar
- May 10
- 1 min read
Broker: DSCR 1.27, tenant signed, treasury chilled — we’re clear to close 😌 Lender: Amazing, just recast the whole deal at SOFR+plot-twist and resend 'final' finals Appraiser: Pulled a 2009 comp that ‘feels right’ — value magically -12% Me at 2:14am in Excel: Goal Seek says 'seek therapy' 😂
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