(Closed) Good News!

posted 6 years ago in Waiting
Post # 3
Member
82 posts
Worker bee

@aggiemae:  Congrats on the ring purchase!!

A note on the appraisal – it is for insurance purposes and the appraisal value is almost always higher than market value.  It does not mean that a functioning market will give you the appraisal value if you were to sell it today.  For instance, if I buy a ring for $35,000, I would expect the appraisal value to be around $45,000… but that doesn’t mean that I got a $10,000 discount.  Insurance companies require the appraisal to issue coverage, but also keep in mind that a higher appraised value means higher premiums to be paid.

 

Post # 5
Member
132 posts
Blushing bee

Congratulations!

Looking forward to seeing a post from you soon with all the details of the proposal! And of course, some photos of your ring! Good luck and enjoy 🙂

Post # 6
Member
4436 posts
Honey bee
  • Wedding: April 2013

Congrats!!

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