Appraisal to Seller?

[Dustin Beam]

Would you provide the seller with the appraisal? I know that the seller will want one, but I dont' see how any good can come of it.

Back story: I'm in the process of purchasing some FSBO property. So we've met many times and he has my phone number, etc. He's very anxious and wants everything sped up. Thinks the bank and appraiser are dragging their feet, and so on. Today he calls to vent about it all. After the conversation, I got the appraisal.

The numbers aren't wildly different from what I'm paying, but the appraisal did come in about 7% higher. On a $100k deal, so what. But this is over $500k. Is that enough for him to try and find a way out of the contract? I don't know, but I don't really want to find out.

How would you tell him, nicely, while keeping his temper in check that yes it passed, but can't/won't give  the actual numbers?

[Brie Schmidt]

Originally posted by @Dustin Beam:

Would you provide the seller with the appraisal? I know that the seller will want one, but I dont' see how any good can come of it.

Back story: I'm in the process of purchasing some FSBO property. So we've met many times and he has my phone number, etc. He's very anxious and wants everything sped up. Thinks the bank and appraiser are dragging their feet, and so on. Today he calls to vent about it all. After the conversation, I got the appraisal.

The numbers aren't wildly different from what I'm paying, but the appraisal did come in about 7% higher. On a $100k deal, so what. But this is over $500k. Is that enough for him to try and find a way out of the contract? I don't know, but I don't really want to find out.

How would you tell him, nicely, while keeping his temper in check that yes it passed, but can't/won't give  the actual numbers?

 I would just tell him it appraised at the price and you don't have a copy yet, then focus the conversation on how soon you can close and the next steps in the process