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Won bidding war, but appraisal is below offer price, what to do?

We recently won a bidding war that put us $15k over the list price. However, the appraisal just came in at the original list price. If the seller refuses to drop the price to the appraised value, what's the best way to negotiate a split of the difference without the deal falling through?

6 Answers

i work from home, what are electrical or internet issues that i should look for?

i work from home and i want to make sure there's no electrical or internet issues. will the inspector check for this? or how to i determine if there are issues? what red flags shoudl i look out for?

9 Answers

do I have to disclose if I used ai to fix up my listing photos?

I am in california and i heard there is a new law in 2026 that says i have to tell buyers if my photos were digitally altered or ai generated. i used a tool to remove a messy neighbor house from the background and add a virtual lawn. do i really have to post the original ugly photo alongside the nice one or is that just for structural changes?

10 Answers

How do I know if a neighborhood is going up or down?

I'm looking at neighborhoods that I think could turn either up or down. So how can I tell if a neighborhood is up and coming or declining? Are there specific signs to look for?

13 Answers

Is it better to list with a discount brokerage to save on commission?

I’ve seen brokerages offering lower fees, which sounds appealing. Do sellers typically get the same results with discount agents, or can it impact marketing, exposure, or final sale price?

23 Answers

Do price reductions make my home look “desperate” to buyers?

If I lower my price after listing, will buyers see it as a sign of weakness, or is it a normal part of the selling process?

20 Answers

The house I like has leased solar panels?

The house I like has leased solar panels. How does that work when I sell? Does the new owner take over the lease? rnAlso, does that monthly payment count against me when I'm trying to get approved for my new mortgage?

13 Answers

My best friend and I want to buy a house together. What happens if we want to separate later?

My best friend and I want to buy a house together since we can't afford it alone. What happens if one of us wants to move out or gets a partner later?

12 Answers

What do I really need to worry about at home inspection?

We had our home inspection and a lot of things came up, like 38 things that were wrong. We read the list and think most of them are small, like a window latch that doesn't totally work. The big structure things came back ok, but the air conditioner has problems. 38 seems like a lot of problems though. We don't want to buy a money pit, but also don't want to lose the house. So should we go forward? What should we look out for?

10 Answers