What to do when an appraisal comes in too low

By
Real Estate Agent with Coldwell Banker Hearthside

With the recent uncertainty and shifts in the real estate market, REALTORS® are experiencing sale contracts that are falling out of escrow due to appraisals that come in below the agreed upon purchase price.

Low appraisals are not necessarily wrong, but it does create a situation in which the lender might not approve the loan.  The appraiser is merely comparing the value of a certain home with other comparable properties in the area.  READ MORE http://buckscountypatoday.com/appraisal/ ‎


close

Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Lenn Harley 03/12/2013 01:57 AM
Topic:
Home Buying
Location:
Pennsylvania Bucks County
Tags:
foreclosures
home values
buying real estate
appraisals
first time home buyers
bucks county realtor
martin millner real estate

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
208,485

Martin Millner

Ask me a question
*
*
*
*
Spam prevention

Additional Information