Value of Appraisal

[Abdul Azeez]

Folks - When buying from turnkey provider, if the appraisal comes lower than list price, is it still worth buying the property if the other numbers make sense?

[Chris Mason]

Got it. The way you should react is to do what 95% of consumers don't do -- read the appraisal.

The appraiser valuates real estate for a living, most of the time simply confirming market value. That doesn't mean they are the be-all-end-all, but we should take their opinions seriously. 

In general, I think you should hold off on worrying about things that haven't gone wrong yet. There will be plenty of things that ACTUALLY go wrong that you can worry about.