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In this tutorial, the speaker discusses options for buyers when a home's appraisal comes in low. The example given is a home listed at $500,000 that appraised for $480,000. The first option is to ask the seller to reduce the price to match the appraised value. It is recommended to share a copy of the appraisal with the seller to provide proof, although legally, the buyer is not required to do so. The video also advises viewers to understand appraisal waivers, with a prior video dedicated to this topic for further information.