What to Do if Your Home Appraisal Comes in Low

Man looking concerned while holding a white mug and phone, sitting at a wooden table across from a woman reviewing papers, with a laptop nearby in a modern kitchen. Appraisal came in low.

Key takeaways What does a low appraisal mean? A low appraisal happens when the appraiser values the home for less than the purchase price. Because lenders won’t approve loans above the appraised value, this creates a financing gap that can put the deal at risk. For example, if you offered $400,000 but the home appraisal […]

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