home loann: 4 Ways to Deal with a Low Home Appraisal - 04/22/21 11:44 AM
Low home appraisals are responsible for 23% of real estate contract delays. And they are the No. 1 reason contracts are terminated, according to the National Association of REALTORS®. Despite it being a fairly common occurrence, a low home appraisal often catches homebuyers by surprise. 
 
Why was your appraisal low?
Knowing why an appraiser valued the property below the purchase price will help you decide whether to dispute the appraisal, bring more cash to the table or walk away from the transaction. Here are some factors that can contribute to a low home appraisal: 
 
The seller priced the home above market value The … (0 comments)