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Updated over 1 year ago on . Most recent reply

Lucas Sawyer's profile image
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Lucas Sawyer
  • Member since Oct 30, 2023
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Lucas Sawyer's profile image
Lucas Sawyer's profile image
Lucas Sawyer
  • Member since Oct 30, 2023
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Lucas Sawyer
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Buying & Selling Real Estate

Appraisal value questions

Lucas Sawyer
Posted

Hi everyone. I am currently purchasing my first home. Me and the seller came to an agreement which is $7,000 above asking price due to multiple offers. My issue here is the seller is not willing to negotiate if the appraisal comes in below the agreed upon price and I will have to pay the difference out of pocket in order to close. In your experience do appraisals usually come in at the sales price?

Detroit, Michigan
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