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5 Next Steps When The Appraisal Comes In Too Low

5 Next Steps When The Appraisal Comes In Too Low

5 Next Steps When The Appraisal Comes In Too Low

We recently came upon a very informative article about what steps a buyer can take when an appraisal comes in too low.

In short, those steps are:

1. Appeal errors or bad comps to the appraiser.

2. Ask for a second opinion.

3. Rengotiate the terms of the purchase contract.

4. Pay the difference or split the difference.

5. Change lenders.

For a more detailed analysis, Schern Richardson Finter Decker, PLC has attached a link to the article here for your convenience.

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