Does A Low Appraisal Break The Deal... Episode 308
About this episode
The episode discusses how to handle low appraisals in real estate transactions and the potential outcomes for buyers and sellers.
Does A Low Appraisal Break The Deal... ...not necessarily so let's talk about it for whatever reason - many times the appraisal comes in right at the contract value I have often wondered if the 3 differerent apprsaisers went to the same home and weren't given the contract price would they get the same value at the end of the day it doesn't matter much but its interesting to consider so what happens if the appraisal comes in low? the buyer can ask the seller to drop the price the seller doesn't have to agree, but it could end the deal the buyer can absolutely move forward with the deal and many times they do just that the buyer and seller could also come up with a way to share the pain the toughest deals involve a buyer with a low down payment that also needs help with paying the closing costs from the seller it takes a lot more effort to make sure the numbers work out on those deals todays show walks you through all of the details on how to navigate these situations
People in this episode
Host: Ron Wysocarski
Topics covered
- appraisal
- real estate
- negotiation
- buying
- selling
- closing costs
Keywords
- low appraisal
- real estate deal
- contract value
- buyer seller negotiation
- closing costs
- down payment
More episodes of Black Hole Of Real Estate Podcast
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- 3 Things That Might Mess Up Your Closing Date... Episode 313
- Something Just Accelerated In Real Estate Sales... Episode 312
- The Best Way To Find Fixer Uppers... Episode 311
- There Is A Sudden Shift In Listings For Sale.. Episode 310
- People Brought Cash To The Table To Sell This Week... Episode 309
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