Appraisals – Gaps, Strategies, & What if it comes in Low?

Navigating the homebuying process can often feel like a complex puzzle, especially when it comes to understanding the role of mortgage appraisals. At the heart of it, mortgage appraisals serve a critical function—they ensure that buyers are paying a fair market value for their new home. In unique markets, appraisals can become a compelling part of any offer, adding a layer of assurance for both the buyer and seller. However, this assurance often brings about a pivotal question: how can one make their offer stand out in a competitive market? That's where I come in, armed with strategies and a creative approach to financing that can navigate through even the most challenging situations.

1. Handling Low Appraisals

Imagine your offer on a dream home is accepted, but the appraisal comes in $50,000 lower than the agreed purchase price. Such a situation can raise concerns for both listing agents and sellers, potentially derailing the closing process. Through a carefully crafted approach, I demonstrate how to keep the transaction on track, ensuring that everyone proceeds to closing without unnecessary stress. A video example in the sidebar shows a real-life scenario where a low appraisal didn't stop the sale, thanks to strategic problem-solving and negotiation.

2. Waiving Your Appraisal

The decision to waive an appraisal is significant and can make your offer more appealing to sellers in a competitive market. However, it's crucial to understand the implications of this choice. In the accompanying video, I explore how waiving your appraisal can impact your deal, offering insights on protecting your interests and maintaining your expected monthly payment. This strategy is particularly useful for buyers who can afford to take a calculated risk but still want to ensure financial stability.

3. Strategies for Buyers with 10% Down

Many buyers believe that putting down less than 20% limits their options, especially in terms of competitive offers and financing. However, I introduce a distinctive strategy that boosts confidence among buyers only able to put 10% down. By choosing a lender who thinks outside the box—like me—you might find yourself looking at a mere $12,000 difference rather than a deal-breaker. The sidebar features a video that walks you through how this approach works, setting it apart from conventional lender strategies.

My Commitment to You

I thrive on finding solutions that not only meet the needs of all parties involved but also pave the way to a smooth and successful closing. Taking the time to explore and implement creative financing options is more than just a job to me—it's a passion. My goal is to keep you informed, confident, and excited about your home purchase, from the initial offer to the moment you receive your keys.

Curious about how these strategies can work for you? Looking for a personalized solution that aligns with your unique situation? Click the link to the side to schedule a call with me. Let's make your homebuying journey a memorable and rewarding experience, together.

*Available for Conventional Loans Only with 10%+ Down Payment.*


"Amazing customer service, quick response time, creative thinking/planning"

caitlin f

"Shelby and Lois provided timely and great communication. Shelby’s knowledge allowed me to get a great rate for these times. I always felt like a person and not just an anonymous client."

lisa jill k

"Shelby went above and beyond to help my first time home buyers. I’m excited to continue to work together in the future!"

claire m