What Happens with a Low Mortgage Appraisal on a Home?

  • By
  • Posted

Julie Vanderblue is quoted below in an article written by Brandon Cornett, of

Reader question: "Some friends of ours recently bought a home in the same area where we are planning to buy. They had a problem with their financing because the appraisal report came in lower than the offer / purchase price. Is this a [...]