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How To Challenge A Low Appraisal

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if youu0027re in the process of buying a home you know that itu0027s rough out there if you want to buy a home in this market it takes more than a

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a low appraisal can occur in a competitive market when multiple offers push the price above asking or even above fmv fair market value

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while you are not expected to know what this is for your home you can check what the latest appraisal has against what a previous appraisals

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when supply is very low and demand is very high home values are increasing rapidly one major challenge in such a market is the bank appraisal

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the strong upward bias in the results above as compared to a normal bell shaped curve clearly appraisers are cognizant of the sales price

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