What is an Appraisal Gap and Shortfall Coverage Clauses Explained
Many things happen when you buy a new home, and sometimes things don't go your way. When purchasing with a mortgage, one issue you can have is an appraisal gap. If there is an appraisal gap, you could lose your dream home. We will examine what happens when the real estate appraisal is lower than the purchase price and what you can do about it. From three decades of experience selling homes, I have dealt with appraisal deficiencies several times. What is an Appraisal Gap? The simple explanatio...| Maximum Real Estate Exposure
