You’ll have two options: Lower the purchase price to the appraised value Extend the term of the Option until the home appraises at the Purchase Price.
This post was written by
Chad Corbett – who has written 14 posts on www.REsolutionsVA.com. Chad Corbett is a REALTOR, an Investor and a Consultant offering a variety of creative solutions and "outside of the box" services to both Buyers and Sellers. In addition to owning REsolutions Real Estate Services as an Investor, Chad owns Portfolio Properties Real Estate as a REALTOR. For somewhat-conventional real estate guidance focusing on Luxury Homes, Commercial Assets and Investment Properties throughout the country visit www.PortfolioPropertiesRE.com.