How to Deal with a Low Appraisal: 5 Things You Can do

Todd and Oana talk about how to handle a low appraisal and some things you can do if you are trying to buy a house and it doesn’t appraise for the full value. There are many times appraisers don’t come in with the value that the buyer and seller agree to and when this happens it will lead to a low appraisal.

A low appraisal does not mean that the buyer can’t buy the house. There are different ways to handle a low appraisal and if your real estate agent is good at pulling comps they might be able to sway the appraiser. Ultimately the appraisal is required when getting a loan, and dealing with a low appraisal can be a headache, especially in a hot real estate market.…

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