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Closed on our Dallas house last week. Relocated to Dallas, Texas from the Midwest. Able to sell our Midwest house and close in less then 60 days. The lack of inventory and folks relocating to Dallas has caused a sellers market. We lost out on 2 houses even though we offered full price. Finally had offer accepted (at offer price) and guess what, it would not appraise. We offered a slight bit above the appraised price and they took it. Thank god that appraisals are above board now.