What Happens When the Appraisal Comes in Low?
As we head into the Spring selling season, I'm taking this opportunity to talk about some of the setbacks that can happen. My goal is to equip you with as much information as possible ahead of going on the market if you are planning to sell this Spring.
Consider this scenario: You’ve listed your home, found a buyer, and everything seems to be going smoothly—until the appraisal comes in lower than expected. Suddenly, your sale is at risk, and you’re left wondering what to do next.
The truth is, a low appraisal doesn’t have to break the deal. With the right strategy and expert guidance, you can navigate this hurdle and keep your sale on track.
What Can You Do?
Here are key steps to handle a low appraisal:
Dispute the Appraisal – Appraisers can miss details or use outdated sales comparables. We can challenge the valuation with solid evidence.
Negotiate with the Buyer – If disputing isn’t successful, adjusting the price or offering concessions may help bridge the gap.
You'll have to WATCH to learn the rest
A low appraisal is just a hurdle, not a dead end. The key is having the experienced Modernest Realty team by your side to help you navigate your best options.
Watch our latest video to learn more about handling low appraisals effectively! WATCH
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