What If an Appraisal Is Lower Than the Purchase Price?

An appraisal below the agreed purchase price creates a question to review with your lender and broker. It does not, by itself, explain what happens next.

Start by confirming the result and understanding the lender’s requirements.

Ask about the process for addressing factual errors or submitting relevant information where appropriate. Avoid assuming disagreement with the value automatically justifies a change.

Review the purchase agreement, including applicable financing or appraisal provisions. The available options depend on the actual terms and circumstances.

Potential discussions may involve price, available cash, financing, or other negotiated changes. Each option needs to be evaluated before anyone commits.

Do not assume a buyer can simply add funds without affecting other requirements. Have the lender calculate the result.

Similarly, sellers should compare the complete proposal rather than focusing only on the difference between two numbers.

Keep deadlines visible while the issue is being reviewed.

Contact Shapiro Home Group | eXp Realty to coordinate Southern Oregon appraisal questions with your lender and evaluate the transaction options available under your agreement.