Published March 18, 2021

What Happens When Your Home Doesn’t Appraise?

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Written by Trae Dauby

What Happens When Your Home Doesn’t Appraise? header image.

Last year, homes appreciated by almost 8%. Historically, homes usually rise in value by around 2% to 4%, so that shows that our market is very strong. This appreciation is driven by our extremely low inventory as well as our low interest rates, which draw more buyers to the market. More buyers and fewer homes mean that home values are on the rise. But what happens when a seller’s home doesn’t appraise at their asking price? Today I’ll share three options for dealing with this scenario.

home

Are you buying or selling a home?

Buying
Selling
Both
home

When are you planning on buying a new home?

1-3 Mo
3-6 Mo
6+ Mo
home

Are you pre-approved for a mortgage?

Yes
No
Using Cash
home

Would you like to schedule a consultation now?

Yes
No

When would you like us to call?

Thanks! We’ll give you a call as soon as possible.

home

When are you planning on selling your home?

1-3 Mo
3-6 Mo
6+ Mo

Would you like to schedule a consultation or see your home value?

Schedule Consultation
My Home Value

or another way