Day: April 8, 2025

How To Avoid A Low Home Appraisal

A low home appraisal occurs when a licensed appraiser determines your property’s market value is below the agreed purchase price, affecting approximately 8-10% of real estate transactions nationwide. This valuation gap can jeopardize mortgage approval since lenders base loan amounts on appraised value, not contract price, potentially leaving buyers with a funding shortfall of thousands […]