Appraisal Lower than offer

DWQA QuestionsAppraisal Lower than offer
scouneztabtopan asked 4 years ago

So I placed an offer of 170k on a home that was listed for $ 169,900. Appraisal came back Tuesday 5k lower than my offer. My realtor told me that he needed to contact the listing agent and that he would keep me posted. So far no response from the seller. Has anyone experienced this?

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