Kansas City: Appraisal for Turnkey came in 16% lower (by $26K)

[Pramod Prasad]

Hi all,

I am in the process of purchasing my first property from a Turnkey provider and the appraisal came in 16% ($26K) lower. The property is in Kansas City. I understand it is a buyer's market currently. What options do I have as a buyer here? 

I am ok to pay marginally over appraised value but a good $26K is just way too much.