Anne Edwards Johnson
Austin Realtor | HookemhomesATX (512)917-5260
Austin,
TX
More about me…
All City Real Estate
Address: 4611 Bee Caves Rd., Ste. 200 , Austin , TX, 78746
Mobile: 512-917-5260
Office: 512-328-5151 Ext. 511
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Hookemhomes with Anne Edwards Johnson Realtor
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It happens from time to time. The home appraisal comes in LOW With how quickly this Austin market is appreciating, comparable sales can be lagging, which causes what we call an “appraisal gap.” What can you do in this situation? IF YOU’RE A BUYER: Submit recent comps to your appraiser for consideration Add appraisal gap coverage to your offer Waive the appraisal contingency (in some cases) IF YOU’RE A SELLER: Don’t accept an offer solely on price Look at a buyer’s mortgage qualifications Look at conditions – such as waived contingencies Read our … (5 comments)
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