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Updated over 7 years ago,
Property didn't appraise
I'm selling a a new construction property for a client and property didn't appraise and the seller is very upset. The property appraised at $505k. Theres a $40k difference. We're under contract at $545k. The comps seem to be at $515k though. Are there anything other ways to get the $40k or at least part of it, besides having the Buyer dish out $40k? Anything I could say to convince the Buyer possibly? Seller wants to cancel contract.