My Awendaw appraisal came in below the contract price. What now?

An appraisal coming in below the contract price in Awendaw means the buyer's lender will only finance up to the appraised value, so the gap has to be covered by a renegotiated price, a buyer paying cash for the difference, or a contested appraisal review. Rural Awendaw properties can be harder to appraise because comparable sales are thinner on the ground than in a dense subdivision. Brian Beatty helps sellers decide which option makes sense once the appraisal report is in hand.