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3 Reasons Why an Appraisal Comes in Low

Boston Appraisal

Before you assume the appraiser made a mistake, let’s look at three reasons why a new appraisal could come in low. The home had been recently renovated and was in great condition. The appraisal at that time matched the purchase price. In order to encourage buyers, sellers slowly reduce the list price of their homes.

Appraisal 148
article thumbnail

3 Reasons Why an Appraisal Comes in Low

Boston Appraisal

Before you assume the appraiser made a mistake, let’s look at three reasons why a new appraisal could come in low. The home had been recently renovated and was in great condition. The appraisal at that time matched the purchase price. In order to encourage buyers, sellers slowly reduce the list price of their homes.