How to Challenge or Prevent a Low Appraisal
2,151 views · Published 11 August 2017 · 17:05 · Indexed 30 October 2026
Channel: InvestFourMore Real Estate · 2017 · Education
I flip a lot of houses and I also own a real estate brokerage. I see low appraisals come in on my properties and my client's properties as well. A low appraisal can cost a seller tens of thousands of dollars or a buyer their dream house. I recently had an appraisal come in $20,000 low on a flip we had under contract to sell. I go through that appraisal in this video and show how we were able to challenge it and get the value raised to the contract price of $250,000. You cannot always get the appraiser to raise the value, but it is worth a shot. You or your agent should also be doing a few things to prevent a low appraisal as well which I also go over in the video. More information on appraisals right here: https://investfourmore.com/home-appraisal-cost/
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