Dealing With A Lower-Than-Expected Home Appraisal
You’ve made the upgrades; you’ve found a realtor you trust; you’ve listed your home and took your family out for multiple outings while strangers traipsed through your house, peeking in your closets and silently critiquing your decor choices; you’ve accepted an offer and gotten through the first bit of paperwork. And then the home appraisal is conducted. And it’s low. Lower than you expected. Lower than the offer. What can you do??
Should You Jump At The First Offer On Your Home?
Whether your home as been on the market for a week or a month, the first offer that you get on your house might be very tempting to accept. But is it the right offer for you and is it a fair offer to your home? And is the first offer the best offer like most people say? That all depends on a few things.