North Metro Atlanta · Value
How does an agent handle a Sandy Springs listing when my buyer's appraisal comes in below the contract price?
A listing agent in Sandy Springs typically responds to a low appraisal by pulling additional comparable sales to challenge the report, asking the lender for a reconsideration of value, or opening a renegotiation between buyer and seller on price. Some contracts let the buyer cover the gap in cash to keep the deal together, depending on how the appraisal contingency was written. Joel Boss reviews that contingency language before a Sandy Springs listing goes under contract, so the response is already planned.
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