What Sellers Need to Know About Appraisal Gaps
An appraisal gap occurs when a home’s appraised value comes in lower than the buyer’s agreed-upon purchase price. For sellers, this situation can create uncertainty because the buyer’s lender typically
An appraisal gap occurs when a home’s appraised value comes in lower than the buyer’s agreed-upon purchase price. For sellers, this situation can create uncertainty because the buyer’s lender typically
When selling or refinancing a home, a low appraisal can be a frustrating setback. The appraisal determines the fair market value of the property, and if it comes in lower