Q: What happens if the home appraisal value comes back less than the asking sales price?

A: A home appraisal is requested by the lender as a way to confirm home value to be used as loan collateral in the event of default. Additionally, appraisals protect the buyer from purchasing a home that is valued as less than the asking price. But, if the appraisal value comes back less than the asking sales price, the buyer has several options:

1. The buyer can pay the difference...

"Now sleeps the crimson petal, now the white;
Nor waves the cypress in the palace walk;
Nor winks the gold fin in the porphyry font:
The firefly wakens: waken thou with me
- Tennyson

Was reading my fourth g.grandfather's diary not long ago,he talks about his father wanting him to be a surgeon,like his father and his father,instead he went for adventures on the sea,and wrote books and painted ; really well I might say.

He was also into...

Oh, man, am I ever in trouble now. I've been thinking about blogging, even been encouraged to blog, but life interferes. However, maybe if I blog, some miniscule factoids, thoughts, suggestions and errata may help someone else.

Which is why we're here in the first place, IMNSHO.
Gotta check the rules, tho', don't want to post stuff that ain't kosher.

Great editor, BTW.

Watch this space! And, helloooo blogosphere.

Postscript:...

2 Corinthians 4:13 - "We have the same spirit of faith as he (the psalmist) who wrote, I have believed and therefore have spoken. We too believe, and therefore we speak."

TO SPEAK BY FAITH IS SIMPLY TO SPEAK WORDS THAT AGREE WITH THE WORD OF GOD INSTEAD OF THE CIRCUMSTANCES AROUND YOU. IT'S SPEAKING FROM YOUR SPIRIT INSTEAD OF FROM YOUR MIND.
THE BIBLE TELLS US THAT GOD USES WORDS TO "CALL THOSE THINGS WHICH BE NOT AS THOUGH THEY WERE" (ROMANS 4:17)....

If you don't agree with my opinion, you are a racist, homophobic, xenophobic, anti-Semitic, Islamophobic, hateful Nazi who eats babies!