Its one of those things that make you stop and do a double take. When the appraisal comes in low it’s not like you can just drop your bid, the most common outcome is that the lend just declines to lend on the property. You are back to square one and you have to go […]
Tag Archive | "low appraisal"
The number one cause of cancelation of a real estate sale is the lender receiving a low appraisal in response to the loan application. Three of the most basic responses are to dispute it, renegotiate with the seller and change lenders. These are not the only options, there are other, more daring tactics to help […]
A low appraisal is not the end of the world, and not all appraisals are accurate. The following steps will help you deal with an appraisal that has come in lower then expected. Whether you are the buyer or seller, it is important that the appraisal is accurate. For the buyer, a low appraisal means […]