Negotiating Price After Appraisal

[Zachary D.]

Hello,

I recently received an appraisal that was satisfactory to the lender (85k home price v 88k appraisal price). There are some expected repairs to satisfy the FHA loan criteria.

We are in good shape to finish this out but I asked my realtor if we should go in and try to ask for a reduced price. He suggested this was not possible since the appraisal came back consistent with the price of the home. I am under the impression that FHA required repairs, even if the appraisal amount exceeds the price per the loan, can be negotiated with seller.

I believe my realtor benefits from the higher price of the sale and is thus not being earnest with me. Any advice is appreciated.