Sentence examples for low appraisal from inspiring English sources

3. Low appraisal: If a home doesn't appraise at or above your proposed purchase price, your financing could fall apart.

In any case, a low appraisal is more likely a result of an appraiser's ignorance about a market than of scarce comparable sales, Mr. Miller said.

Challenging a low appraisal can be, a "cumbersome prospect and a time-consuming prospect," he said.

But now, with banks far more cautious about lending, a low appraisal can torpedo a deal.

As home sales pick up in the million-dollar-plus market, deals are being complicated by unexpectedly low appraisal values.

LOW APPRAISAL You may think the home you're refinancing or buying is worth around $800,000, but the appraiser says it's closer to $700,000.

If you go to an appraiser, they are often prepared to pay you whatever the appraised value is which often leads to low appraisals, but at least that's an acid test.

In this case, low appraisals are certainly a possibility.

Ms. Cohn noted that because of low appraisals, new developments in particular have been susceptible to failed deals.

Low appraisals may reflect reality, since prices in New York City have dropped by as much as 30percentt in the last year.

Brokers, buyers and sellers increasingly find themselves struggling to renegotiate and salvage deals jeopardized by low appraisals.