If you’ve found the perfect home and submitted an offer, what happens if the property doesn’t appraise? Well, first of all, don’t lose hope. There are many ways a deal can still proceed even after an appraisal comes in low, and here are just a few:
Ask the seller to lower the price.
Pay the difference in cash.
Get a new lender (and a new appraisal).
Refute the appraisal.
Wait for comparable properties to rise in value, then order another appraisal.
“
Our team will do everything we can
to help arrange a solution.
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Of course, each of these options would need to be approved by a lender. The good news is that appraisals don’t come in low very often. If and when they do, though, our team will do everything we can to help you arrange a solution.
As always, if you have any other questions or would like more information, feel free to give us a call or send us an email. We look forward to hearing from you soon.
If you’ve found the perfect home and submitted an offer, what happens if the property doesn’t appraise? Well, first of all, don’t lose hope. There are many ways a deal can still proceed even after an appraisal comes in low, and here are just a few:
“
Our team will do everything we can
to help arrange a solution.
”
Of course, each of these options would need to be approved by a lender. The good news is that appraisals don’t come in low very often. If and when they do, though, our team will do everything we can to help you arrange a solution.
As always, if you have any other questions or would like more information, feel free to give us a call or send us an email. We look forward to hearing from you soon.