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Seller's Information for Appraiser Provided to Buyer Illinois

Seller's Information for Appraiser Provided to Buyer Illinois

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today we're going to be talking about options when the house that you're buying the appraisal comes in low i get this question all the time it's one of those things that even real estate agents often don't understand okay so first of all hopefully you didn't do an appraisal waiver and if you're like what's that check out my video from tuesday i talk all about appraisal waivers and what you need to know okay so you didn't do an appraisal waiver and the house that you love just appraised low okay so just for example i'm going to say it's a 500 000 house and it appraised at 480. okay now number one you could ask the seller to reduce the price to the appraised value if you're going to do that i would always suggest that you share a copy of the appraisal with the seller okay because you don't want to just say hey house didn't appraise i want it to be lower usually the seller wants to see

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