The Appraisal came in low...

Your appraisal came in low. Now what? 

First, BUYERS, don't stress. There are lots of things you can control in the buying process, but this one you can't. Take a deep breath and remember, an appraisal is good - it's there to keep you from overpaying on a home. 

So, what to do when the number is punier than your purchase price? Here are your options. 

-Appeal it. 

-Ask for a second appraisal.

-Negotiate the purchase price with the seller 

Now, SELLERS, listen up: unless you've got a cash offer, a low appraisal could be a full stop to your selling plans. Help your home appraise for top dollar by: 

-Provide the appraiser a list of your offer (if you receive multiple offers) to prove the price was right. 

-Cleaning & decluttering to have your home looking the best. 

-Being present at the appraisal to point out 

your home's best features (subtly, of course!) 

As always if you have any questions give me a call or text. 

Your friend & local Realtor,