06/19/2026
Real Estate Q&A:
What Is an Appraisal?
An appraisal is a professional opinion of a home’s market value, and it’s often required by the lender before they approve a mortgage.
Think of it this way: the lender wants to make sure the home is worth what you’re paying for it.
📌 If the appraisal comes in at or above the purchase price, you’re usually good to go!
📌 If it comes in lower than the agreed-upon price, it can open the door to negotiations, additional cash from the buyer, or other solutions.
This is one of the many reasons having an experienced Realtor matters. When appraisal challenges arise, having someone who can guide you through your options can make all the difference.
💬 Have you ever heard of a deal being affected by a low appraisal?
Drop a YES or NO in the comments, or tell me what real estate topic you’d like explained next!
Whether you’re buying your first home, selling, or just planning ahead, I’m always happy to answer your questions and help you navigate the process with confidence. 🏠
Sky Low Real Estate 417-850-2420
Tina Low 417-850-3521
PRO100 417-782-0800 call and ask to TalktoTina Low & Sky