Appraisal Value and Home Price
↙
↓
↘
Lower than Sales Price (no appraisal contingency in contract)
Lower than Sales Price (contingency in contract)
Higher than Sales Price
↓
↓
↓
Negotiate to Bring Price Down to Appraised Value
Congrats, You Have Instant Equity!
↓
↓ ↘
Walk Away, But You May Lose Your DD...
Bring More Money to the Settlement Table to Make Up the Difference
Made with FlippingBook - Online Brochure Maker