What happens if the APPRAISAL comes in below the purchase price?

Описание: 🏡 What Is a Home Appraisal? When It Happens, Who Pays & Why It Matters 🔍

Are you buying a home in Connecticut and wondering what exactly a home appraisal is? In this video, I break down everything you need to know about the home appraisal process, including:

✅ What is a home appraisal in real estate
✅ When a home appraisal happens during the home buying timeline
✅ Who orders the appraisal (and who pays for it)
✅ Why appraisals are critical for your mortgage approval
✅ What happens if the appraisal comes in lower than your offer price
✅ How appraisals affect home negotiations and deal outcomes

If you're getting a mortgage, your lender will require an independent home appraisal to ensure the property’s value supports the loan amount. Knowing how appraisals work can save you from costly surprises—and even help you negotiate smarter!

📍 I’m a local Connecticut realtor helping buyers and sellers navigate real estate with confidence. If you have questions about appraisals, home values, or getting under contract, let’s talk.

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