What Happens When an Appraisal Comes in Low?

Few moments in a real estate transaction create more anxiety than a low appraisal. You’re under contract, everything feels like it’s moving forward, and then the appraisal report comes in below the agreed-upon purchase price. It can feel like a major setback. In reality, it’s a moment that requires a strategy shift, not panic. What a Low Appraisal Actually Means An appraisal is the lender’s way of…