Blog > What Happens If an Appraisal Comes in Low?
A low appraisal can create challenges, especially if the buyer’s financing depends on the appraised value. When this happens, there are several options: the buyer can increase their down payment, the seller can agree to reduce the price, or both parties can renegotiate to meet halfway. In some cases, a buyer may dispute the appraisal or switch lenders. The key is open communication and a realistic understanding of current comparable sales data to find a fair resolution.
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