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today were going to be talking about options when the house that youre buying the appraisal comes in low i get this question all the time its one of those things that even real estate agents often dont understand okay so first of all hopefully you didnt do an appraisal waiver and if youre like whats that check out my video from tuesday i talk all about appraisal waivers and what you need to know okay so you didnt do an appraisal waiver and the house that you love just appraised low okay so just for example im going to say its a 500 000 house and it appraised at 480. okay now number one you could ask the seller to reduce the price to the appraised value if youre going to do that i would always suggest that you share a copy of the appraisal with the seller okay because you dont want to just say hey house didnt appraise i want it to be lower usually the seller wants to see some sort of proof now legally do you have to give it to them no you own the appraisal its your propert