Buyers: How to Handle a Low Appraisal
Here’s what buyers need to know when an appraisal comes in low.

Buyers: How to Handle a Low Appraisal

Erin McKeon Erin McKeon

Erin McKeon

发布日期: 2021年6月25日
+ 关注

In this appreciating seller’s market, appraisals come in low more often. Appraisers can only use closed sales for valuations, and since the market is trending upward, it’s tougher for them to support a higher price. Today I’m sharing what buyers need to know if the appraised value comes back lower than the agreed-upon purchase price. In this situation, the buyer and seller have three main choices, and they’ll negotiate to decide which is best. To learn your choices and the information you need in this market, watch this short video.

Learn More: https://www.mckeonhomes.com/Blogs.aspx?segmentid=7911111&htmlfile=2136169.html

Darlene Baxter

Agency owner

3 年

Thanks for sharing

赞
回复
1 次回应

要查看或添加评论，请登录

Erin McKeon的更多文章

  • Setting Up Buyers For Success
    2022年3月22日

    Setting Up Buyers For Success

    Our market has changed a lot over the past year, but one thing has stayed the same: buyers’ fear and hesitation. Now…

  • Clearing Up 4 Common Real Estate Misconceptions
    2021年11月12日

    Clearing Up 4 Common Real Estate Misconceptions

    Our market is on fire right now. Things are so crazy that you’ve probably seen some pretty outlandish stuff about how…

    1 条评论
  • 4 Tips to Maximize Your Home Sale
    2021年9月23日

    4 Tips to Maximize Your Home Sale

    If you’re looking to sell your home, right now is the perfect time. Low inventory is driving up buyer competition…

    1 条评论
  • A Guide for Applying for a Home Loan
    2021年5月5日

    A Guide for Applying for a Home Loan

    If you’re thinking of buying a home, you’ll probably be applying for a loan to purchase it. With that in mind, today…

  • Prop 19’s Second Major Change
    2021年3月5日

    Prop 19’s Second Major Change

    I’m back with friend Amanda Ewing-Rice from the Atashi Rang Ewing-Rice Law Firm to continue our discussion on…

  • What Changes Has Prop 19 Brought to Homeownership?
    2021年2月19日

    What Changes Has Prop 19 Brought to Homeownership?

    Today I’m joined by Amanda Ewing-Rice from The Atashi Rang Ewing-Rice Law Firm PC to discuss Prop 19. California voters…

  • Answering Essential Homeowners Insurance Questions
    2021年2月5日

    Answering Essential Homeowners Insurance Questions

    Many new homeowners don’t have a clue about what kind of homeowners insurance policy they should have, or if they…

    1 条评论
  • Why Is Our Market so Great for Sellers?
    2021年1月21日

    Why Is Our Market so Great for Sellers?

    First, I want to take a moment to thank you for your continued support of my business. We saw uncertainty in the real…

  • Are You Contemplating an Out-of-State Move?
    2020年12月16日

    Are You Contemplating an Out-of-State Move?

    The Martin family came to us looking to move out of state—something we see many folks doing these days. They had…

  • Is It Smart to Buy or Sell During the Holidays?
    2020年11月17日

    Is It Smart to Buy or Sell During the Holidays?

    A lot of homeowners are hesitant to sell during the winter months, but they don’t have any reason to be. You see…

社区洞察

其他会员也浏览了