06/23/2026
Did You Know? The price you offer isn't always the price the bank agrees with. 📉
In Silicon Valley's hot market, appraisal gaps are shockingly common. Here is the scenario I see all too often:
1️⃣ You offer $1.5M to win the home. 2️⃣ The seller accepts! 🎉 3️⃣ The bank's appraisal comes in at $1.4M. 🛑
Now what? You might be stuck covering that $100K gap out of your own pocket or risk losing the house entirely.
Don't let an appraisal gap turn your dream home into a financial nightmare. You need a strategy before you write the offer.
Contact me and let's learn how we protect your deposit and your wallet. 🛡️💰
Michelle Elliott | Coldwell Banker | DRE #01777533