We made a $90,000 offer on a house listed for $97,500. We were pre-qualified for more than our offer. However, when the mortgage company had the house appraised, it came in $14,000 less than our offer ...
A low home appraisal is one of the more common reasons a real estate deal falls through. While you most likely will not face the issue, there are a few things you can do if a buyer does let you know ...