05/06/2026
A lot of people hear “appraisal gap” and immediately think it means the deal is dead.
That’s usually not the case.
An appraisal gap simply means the home appraised for less than the agreed purchase price. From there, it becomes a conversation — renegotiating price, adjusting terms, or deciding how the difference gets handled.
This is why strategy matters on the front end. Understanding value before you write the offer gives you more options if the appraisal comes in differently than expected.