Barb Schlinker The Real Estate Voice

“How Often Do Appraisals Come in Low” Q.  What are some of the options a seller can do when an appraisal comes in lowo   Depends on when and how they get notifiedo   If the appraiser notifies the listing agent its low they will often provide an opportunity for the listing agent to support in the price.  It may or may not change the appraisers mind though.o   We typically meet the appraiser and provide them with the best substantiation of price we can and tell them about buyer demand like # of offers, where the offers came in.Q. Have you seen some appraisals update their price?o   Yes, however it is pretty rareo   For govt appraisal like VA it could take months to challenge the appraisalQ. We are here talking with Barb Schlinker of Your Home Sold Guaranteed Realty, you can reach Barb at 719 301 3900 or visit www.BarbHasTheBuyers.com.   Barb:  What are the options if an appraisal comes in low?·        Do nothing.  I’ve seen this happen if buyer was putting enough down it did not matter·        High demand prope