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Buying & Selling Real Estate
HomeForumsBuying & Selling Real EstateExtremely low appraisal
Brandon Thomas's profile image
Brandon Thomas's profile image
Brandon Thomas
  • Homeowner
  • from Hesperia, California
  • Member since Aug 17, 2014
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Brandon Thomas's profile image
Brandon Thomas's profile image
Brandon Thomas
  • Homeowner
  • from Hesperia, California
  • Member since Aug 17, 2014
Connect
Brandon Thomas
  • Homeowner
  • Hesperia, CA
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Buying & Selling Real Estate

Extremely low appraisal

Brandon Thomas
  • Homeowner
  • Hesperia, CA
Posted Mar 25 2015, 19:52

I've been searching and grinding and finally got my first fourplex into escrow. Asking price is 375k and today the dreaded appraisal came in at 300k. How do I tell the seller the property is way over priced when they think it's worth 400k?

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