Blog > Why Do Appraisals Sometimes Come in Low?

Why Do Appraisals Sometimes Come in Low?

by Gordon Hageman

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Appraisals can come in low when recent comparable sales don’t support the agreed purchase price, often due to fast-moving markets or lack of nearby comps. Appraisers are bound by guidelines that may not capture unique features or current demand spikes. In these cases, buyers and sellers can challenge the appraisal, renegotiate, or adjust financing. A knowledgeable agent will help gather supporting data to justify value. While low appraisals can be frustrating, they also serve as a safeguard against overpaying in volatile markets.

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Gordon Hageman

Gordon Hageman

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