Question for our resident real estate experts. If a house is sold and a purchase agreement is accepted by both parties at say $600,000. Then, an appraiser comes through and says they are having a hard time finding comps because it's a smaller town and the houses similar that were sold were in 2020 or they are new construction so they can't use them. In the area, there are a few homes that are probably 200k more valuable and some that are nearly that much less. The appraiser used one of the houses worth far less, but none of the higher, because they are "different" which I'm told, is because they have a pool or location that is that much different. Also used a house that is on a lesser lot in the same neighborhood that cost less without a view and suggests it's the same value. Speaking to builders the same or similar house being built now would be at least 100-150k higher than the agreed purchase price, so there is a disconnect. Can a second appraiser be brought in? Any other options? Sounds like if one of the higher-valued homes had sold the appraiser would have bumped the value of the home to the agreed price, but since that hasn't happened the precedent hasn't been set yet or something. The agreed purchase price and appraisal are more than $50k different.