Appraisal come back $400 short

[John Lee]

I'm in a buyer market. Buyer is using VA loan. The appraisal come back $400 short. My agent said it's obligated to lower price in that market and buyer wont ask but they expected me to lower price. I'm already agree to $700 credit on repair plus other repair requested. What is my option other than to lower price?

[Victor N.]

You could walk away and put the property back on the market. Is it worth it? How much is your monthly carrying cost?