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Is it more or less likely for a sale to fall through if a home doesn’t appraise?

I’m in a sellers market and the house I’m trying to purchase was listed at $180, I decided to offer $185 and I pay closing because there was a multiple offer situation. Two of the houses in that neighborhood were listed at $185 but one sold for $180 and the other for $170. I have a feeling it’s not going to appraise for quite $185. Our closing date would be March 10th which isn’t even two weeks away. I’m buying in west ATL near the Paulding area if that helps any.

I know that’s a question no one has the answer too, but this is my first time buying a home. What’s the likelihood of a sale still going through if it doesn’t appraise by $4-$10k?

submitted by /u/Blabberpumpkin
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/fbb9a6/is_it_more_or_less_likely_for_a_sale_to_fall/
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