My Appraisal Came In Lower Than The Purchase Price - 3 Options {2021}

So you are asking yourself "My Appraisal Came In Lower Than The Purchase Price, Now What?"

This is a common issue happening in this HOT SELLERS MARKET especially in the Hawaii real estate market. So you are wondering if the appraisal came in lower than the purchase price, what happens? Well you can of course just simply cancel the deal but there are 3 other options you may want to explore before you just let your dream home slip away,

Now do appraisals come in at purchase price? Well this really depends on how the listing agent priced the home and how high the multiple offers go up.

If the house appraisal is lower than offer then your three options you will learn in this video will really help you with understanding what your next steps can be.


If the seller wants more than an appraisal then you are going to want to have the knowledge on knowing how to negotiate with seller after a low appraisal.

------------TIMESTAMPS-----------

00:53​​​​ - Why Are Appraisals Important
01:23​​ - Appraisals Lower Than Price Explained
02:22​ - What you Can Do If The Appraisal Is Lower Than Purchase Price
02:36​​​​ - Option #1
02:56​​​​ - Option #2
03:10​ - Option #3
03:30​​​​ - Seller - What Can You Do Strategically #1
03:59​​​​ - Seller - What Can You Do Strategically #2
04:28​​​​ - Buyer - What Can You Do Strategically #1
05:46​​​​ - Buyers - When It Is Ok To Pay The Difference


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Patrick Longley is turning the real estate industry upside down by integrating his 10+ years of experience in Online Marketing and technology to ensure you have a smooth systematic approach to purchasing or selling your home. His passion for consulting and education allows him to help first-time homebuyers as well as seasoned investors in making educated decisions.

Patrick has earned his 5-star review from every client he has ever worked with and his hard work earned him to be one of the top 20 agents in his office for sales volume in 2020.