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What To Do When Your Home Doesn’t Appraise At Its Purchase Price

January 10, 2013 by Kim Abbott

Experienced home sellers in Phoenix know that reaching a sales agreement with a potential buyer can be just the start of the negotiation process. There are often inspection issues to resolve, among other items. One particular negotiation point which can present difficulties for both buyers and sellers is when a home's appraised value falls short of its contracted sales price. Sometimes, this happens because the home's price was inflated. Other times, it's the result of a faulty appraisal. As a home seller, there are some common appraisal problems of which you should be aware. Here … [Read more...]

Filed Under: Personal Finance Tagged With: Appraisal, Comparable Homes, Home Value

Kim Abbott

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