What happens if the appraisal comes in low?
Your lender bases the loan on the lower value, so you can ask the seller to lower the price, cover the gap with cash, meet in the middle, challenge the appraisal with better comps, or cancel under an appraisal contingency. ListingCraft for Buyers's sold comps help you see this risk before you offer.
Act before your appraisal contingency deadline, which appears on your closing checklist.