Thats what I'm saying. It's rare at that late stage of the process (at least according to my real estate agent friend) for the appraisal to come in off the mark. Nobody wants to see the deal fall through in the last stages.
In markets where anything can happen and buyers overbid on the order of 100-300k over asking price simply because they want it and will do anything to get it, it is very difficult to accurately estimate the value and/or selling price of a home.
also, ever wonder why the home appraisal comes in right at the offer price during the loan process? its not a coincidence. the appraised price typically has more to do with conducting a business transaction in the interest of all parties involved and less to do with an actual valuation of the home.
To the above poster that was flagged, it sort of sounds like you're accusing me of lying, but I'll give you the benefit of best intent and answer your questions.
Yes, I created this account just to make this comment. I was introduced to HN by someone in my bootcamp cohort. Never felt the need to comment on something until a post that was directed right at me. Never made an account either because no reason to. So, hope that clears it up.
I think you are assuming my tech progression started at Hack Reactor 3ish years ago. It in fact has been most of my life. I was building computers from spare hardware in grade school, learned some code in middle, took 2 yrs of college classes while in high school to prepare for the CCNA exam (cisco certified network associate). I entered college as a computer engineer.
Then I switched to a totally different career path from which I learned how to be an effective leader and teacher. When I hit the end of that path, I came back around and did Hack Reactor to work my way into an engineering role.
I became a senior in a relatively short amount of time because of my background but also because I learned a lot at my first startup gig after my mentor quit, leaving me as the only engineer responsible for the codebase. Thrown into the deep end for sure, as the business had to keep moving forward.
I have taken on volunteer work at my current job outside my normal responsibilities, give meaningful review to my peers, and work on large, impactful projects. I make it a point to get to know other engineers and get my name known in the org. I placed myself in the senior role and was rewarded with the title after.
Another point, many of the people in my class already had a technical background as well. More then half. I think among all bootcamps this is probably more rare today.
I've never done an AWS class or have any certs, so I can't say for sure if its worth doing. In my case, I've mainly learned on the job and have had some really fantastic mentors to work with who have trusted me to make decisions and let me run with them.
I also read a ton of books on design patterns, architecture, deployment, ops, etc.
Graduated from Hack Reactor in 2014. I'm a Senior Software Engineer at a large company now.
I was prepared enough to not totally screw things up at my first job. I was an expert in Javascript and reasonably knowledgeable at data structures and how to implement basic web stuff.
I'm now more focused on back end things...AWS, infrastructure, services, etc.
As far as I know, most of my cohort is still working at good jobs.