How Often Do Home Appraisals Come In Low?

Home appraisal value comes in low

Low home appraisals are relatively uncommon, occurring in fewer than 10% of real estate transactions, based on data from Fannie Mae. In fact, more than 90% of appraisals either confirm or surpass the agreed-upon purchase price. This means that in the majority of cases, buyers and sellers do not encounter issues related to appraisal values […]