Got a low appraisal? Don't panic—let's fix it. Tara shares several creative strategies that help real estate agents and their buyers overcome appraisal shortfalls and keep deals together: requesting a reconsideration of value, smart ways to structure the gap, when seller credits can save the deal, and how switching lenders can give your buyer a fresh appraisal.
Key takeaways
A low appraisal is a problem to solve, not automatically a dead deal.
Reconsideration, cash-gap strategy, seller credits, and lender options should be evaluated quickly.
The best path depends on loan type, buyer cash, seller flexibility, and timing.
Common questions
What can a buyer do after a low appraisal?
Options can include renegotiating price, bringing additional cash, restructuring concessions, requesting reconsideration of value, or evaluating whether another lender path is available.
Can switching lenders help with a low appraisal?
In some scenarios a new lender may order a new appraisal, but it is not a magic fix and timing, loan type, and transaction rules matter.
