What happens if a house doesn't appraise?
Posted by: raindrop 9 years ago
It is not at all uncommon for appraisals on houses to come in low in this market. There are a number of reasons that appraisals come in low, and only a few things you can do to fix the problem.
Amongst other reasons, appraisals can come in low due to declining market values, out of area appraisers, and an unusually high number of distressed sales in the area.
During these types of situations, both Buyers and Sellers have options to keep the deal from falling apart. For example:
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Latest NewsJanuary 31, 2020 8 Tips to Make Your Home Camera Ready for Selling January 17, 2020 FAQ Friday: Exciting New VA loan benefits! January 10, 2020 FAQ Friday: Can the Buyer back out? READ MORE
Our initial experience with you, especially with your demonstrable expertise, knowledge, and willingness to both educate and work with us regarding the market and related considerations particular to Coronado, resulted in a gratifyingly helpful and positive experience for us.—Robert R. READ MORE