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A low appraisal calls for a review of the deal

The video outlines three possible responses to a low appraisal: revisit the price, question supported errors and review the financing. Which options work depends on the loan, contract and available cash.

By Eric Hamilton · Published October 6, 2026

Originally uploaded July 25, 2025 · 0:42 · Watch on YouTube

Written companion added October 6, 2026. Adapted from Eric’s video captions with source checks; not a word for word transcript. The recording retains its original date.

Start with the agreement and deadlines

Ask your agent or attorney what the appraisal provisions require and what rights remain. You may be able to request a price change, but the seller does not have to agree. Do not assume a low valuation automatically cancels the contract.

Question the report with evidence

Read the appraisal and ask your lender about its reconsideration process. Identify factual errors, missing information or relevant comparable sales. A review addresses support for the valuation; it is not a way to demand the purchase price or guarantee a higher result.

Recalculate the financing and cash

Have the lender show how the lower value affects the loan amount, down payment and any mortgage insurance. Compare possible structures with your available reserves. Bringing more cash or accepting different terms should still fit the budget.

Does a low appraisal guarantee a lower purchase price?

No. A price change requires agreement, and your contractual options depend on the terms and deadlines.

Sources and scope

Published July 25, 2025. This is a framework for reviewing options, not a promise that every transaction can be restructured.

  1. CFPB: When the appraisal is below the sale price Accessed October 6, 2026
  2. CFPB: Reconsidering inaccurate appraisals Accessed October 6, 2026

General education, not a loan quote, approval or an individual recommendation. Ask the appropriate professional about your situation.

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