Appraised Value vs. Contract Price: What Happens Next?
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Appraised Value vs. Contract Price: What Happens Next?
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When the appraisal doesn’t match the contract—what every buyer and seller should know.
Ever wonder what really happens when the appraisal comes in low—or even higher than the sales price? Today, we’re breaking down how appraisals can make or break a deal, and what smart buyers, sellers, and agents can do about it.
In this episode of Mark’s Mortgage Guide, Mark Zachary dives into one of the most critical—and misunderstood—moments in the home buying process: the appraisal. Whether the value comes in below, above, or right on the contract price, it can drastically impact your financing, negotiations, and closing timeline.
We’ll unpack what each scenario means, how to respond strategically, and the key steps your lender and real estate agent should take to keep your deal on track.
Hope you enjoy this episode and find in informative