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When Appraisal Comes In Low

A week before closing, the appraisal comes in at $265,000. That’s the maximum price for. Give a copy of your pre­listing appraisal to the buyer’s appraiser. Question a low appraisal. The.

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Always talk with your loan officer about their policies and be sure to get this agreement in writing, in case the appraisal comes in lower than expected. bottom line. Sometimes it takes a low appraisal for a seller to become convinced that his/her house is overpriced. If it is, the asking price should come down.

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What to do when your home appraised too low for your refinance or your appraisal came in lower than the home purchase price. Buy a Home.. though, if the appraisal comes in low.

Your mortgage lender will require an appraisal of your new construction home before approving your loan to ensure the property is worth the amount of the loan it’s contemplating extending to you.

The Stern Team: How Should You Deal With a Low Appraisal? Both sellers and buyers can get blindsided by a low appraisal. If an appraisal comes in low, there are available options used by pros that work well.

So what should you do when the appraisal comes in low like ours did? Ask for a copy of the.

If your appraisal comes in too low, that's when things get a little tricky. If the seller agrees that the appraisal is fair, they may be open to negotiating a lower price.

If the appraisal comes in low, you may have to come up with the difference. Having an appraisal come in low is of course just as upsetting to a seller. When something like a low appraisal comes from out of left field, it can leave everyone disturbed.

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