The Appraisal Came in Low…What Now?

Sometimes, the property appraisal comes in below the contractual selling price, and this can be a challenge for both sides. In fact, the risk of this happening increases in a fast-paced seller’s market like we’re experiencing, because competition can sometimes inflate home prices beyond what comparable home sales will support. If this happens, don’t panic. Now is the time to keep your emotions in check and tune in to your logical side.