Buying a home, Tips and Tricks

What If The Appraisal Is Low?

What If The Appraisal Is Low?

The appraisal came in low… don't panic! 😬
An appraisal gap doesn't have to be a deal-breaker. You have options:
1. The seller can lower the price to match.
2. You (the buyer) can pay the difference in cash.
3. You can meet in the middle.
4. You can challenge the appraisal.
5. You can walk away if you have a contingency.
Having an expert agent to negotiate for you is critical in this situation.
DM us "APPRAISAL" if you have questions about the process!
#ColumbusRealEstate #SellForOnePercent #CentralOhioHomes #ColumbusOhio #HomeAppraisal #RealEstateAdvice #HomeBuying #NegotiationIsKey