How To Deal With a Low Appraisal Result which Complicates Buying or Refinancing in Today’s Market

How To Deal With a Low Appraisal Result which Complicates Buying or Refinancing in Today’s Market

Home appraisals are based on recent sales prices of comparable properties.  In rising price markets, those sales prices might not be high enough to support new home sale prices. Here are some ways sellers can improve their home appraisal results: Make sure the appraiser knows the neighborhood.  Sellers can request that the lender send a…