FHA Appraisal Comes In Low

[Tony Salazar]

If a FHA Appraisal comes in low on a purchase and escrow is cancelled due to appraisal contingency, can the seller go with another FHA buyer and get a new FHA appraisal and hope it will come in at what they feel is the value, or is that first low appraisal value going to be assigned with all new FHA buyers?

[Will Barnard]

Josh makes a valid point here. You may want to consider re-running comps and not picking the "best case scenario" comps. Make sure the condition of the subject property is as good or better than the comps.

You may need to go with a conventional buyer as another option.