Questionable Appraisal -

[L. Brown]

I’m under contract for my first property, which will be a home hack. I got the appraisal back today and it appraised for the selling price, which is fine. When I look at the comps used by the appraiser, it seems like the house could have been appraised lower than the selling price. Have any of you been in this situation? What did you do?

[Tanvir Sattar]

@L. Brown I usually see the appraisal value either equal or come really close to the agreed upon selling price. You could always get a second opinion. Were you expecting the value to be higher?