{"id":1669,"date":"2023-11-15T15:28:01","date_gmt":"2023-11-15T15:28:01","guid":{"rendered":"https:\/\/effortlessmortgage.ca\/blogs\/?p=1669"},"modified":"2023-11-15T16:21:27","modified_gmt":"2023-11-15T16:21:27","slug":"when-the-home-appraisal-comes-lower-than-purchase-price","status":"publish","type":"post","link":"https:\/\/effortlessmortgage.ca\/blogs\/when-the-home-appraisal-comes-lower-than-purchase-price\/","title":{"rendered":"Lost Value: What to do When Your Home Appraisal Falls Short of Your Purchase Price Offer"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1669\" class=\"elementor elementor-1669\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-cf58f38 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"cf58f38\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-8fa3770\" data-id=\"8fa3770\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-657ff22 elementor-widget elementor-widget-video\" data-id=\"657ff22\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;youtube_url&quot;:&quot;https:\\\/\\\/youtu.be\\\/aTPwPfFAZuM&quot;,&quot;video_type&quot;:&quot;youtube&quot;,&quot;controls&quot;:&quot;yes&quot;}\" data-widget_type=\"video.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-wrapper elementor-open-inline\">\n\t\t\t<div class=\"elementor-video\"><\/div>\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-46528b68 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"46528b68\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6f49500f\" data-id=\"6f49500f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-17424152 elementor-widget elementor-widget-text-editor\" data-id=\"17424152\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"content\" tabindex=\"0\"><div class=\"ac-container ac-adaptiveCard\"><div class=\"ac-textBlock\"><div class=\"content\" tabindex=\"0\"><div class=\"ac-container ac-adaptiveCard\"><div class=\"ac-textBlock\"><p>You have finally found your dream home. You\u2019ve negotiated with the home seller on a price that you feel happy about. You and your family are so excited about moving into this house. Then the appraisal report comes in. You discover that the home has been given a value that is lower than your purchase price. This is a situation where the Home Appraisal is Lower Than the Offer.<\/p><p><b>What do you do now?<\/b><\/p><p>Secure your dream home after a low home appraisal with these strategies. There are strategies you can employ to keep your home purchase on track. <b>Here are five key strategies:<\/b><\/p><\/div><\/div><\/div><\/div><\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cb3ce0f elementor-widget elementor-widget-heading\" data-id=\"cb3ce0f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">1. Understand the Appraisal Process<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-951710d elementor-widget elementor-widget-text-editor\" data-id=\"951710d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Before diving into solutions, it&#8217;s crucial to understand why appraisals can come in low. An appraisal is an unbiased professional opinion of a home&#8217;s value and is used by lenders to ensure the property is worth the loan amount.\u00a0<\/p><p>The appraisal takes place as early as possible after the home buyer gets a firm mortgage approval from a lender and accepts it. As early as possible is important to allow enough time to schedule a property visit and production of the report. A lender will select a home appraiser who will contact the seller to set a time and date for a home visit.<\/p><p>The appraisal value is influenced by recent sales of similar properties, the condition of the home, and the current market trends. Knowing this can help you navigate the next steps more effectively.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2b6cd96 elementor-widget elementor-widget-heading\" data-id=\"2b6cd96\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">2. Challenge the Appraisal<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8dc411b elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"8dc411b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li aria-level=\"1\"><strong><b>Gather Evidence:<\/b><\/strong> If you believe the appraisal is incorrect, gather evidence of higher comparable sales in your area that the appraiser might have missed.<\/li><li aria-level=\"1\"><strong><b>Request a Review:<\/b><\/strong> Ask the appraiser to reconsider their evaluation with the new information.<\/li><li aria-level=\"1\"><strong><b>Second Opinion:<\/b><\/strong> If the first appraiser stands by their assessment, consider getting a second opinion.\u00a0However, the lender is not obligated to accept a different appraisal.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-13dd657 elementor-widget elementor-widget-image\" data-id=\"13dd657\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"446\" src=\"https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2023\/11\/home-appraiser-canada.png\" class=\"attachment-large size-large wp-image-1683\" alt=\"\" srcset=\"https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2023\/11\/home-appraiser-canada.png 907w, https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2023\/11\/home-appraiser-canada-300x167.png 300w, https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2023\/11\/home-appraiser-canada-768x428.png 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d523bfb elementor-widget elementor-widget-heading\" data-id=\"d523bfb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">3. Negotiate with the Seller<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fb5656c elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"fb5656c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li aria-level=\"1\"><b>Share the Appraisal:<\/b> Sometimes, sellers are willing to renegotiate the price based on a low appraisal, especially if it means the sale could fall through otherwise.<\/li><li aria-level=\"1\"><b>Split the Difference: <\/b>If the seller is hesitant to drop the price to the appraised value, you could propose meeting halfway. This compromise might be enough to keep both parties happy.<\/li><\/ul><p>Especially in today&#8217;s market, sellers are highly motivated to help you close the purchase so that they can move on with their own journey.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f569299 elementor-widget elementor-widget-heading\" data-id=\"f569299\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">4. Consider Your Financing Options<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-54681cb elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"54681cb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>If renegotiation with the seller does not go as hoped, there are a couple of things to consider\u2026<\/p><ul><li aria-level=\"1\"><b>Increase Your Down Payment:<\/b> If you have the means, you can make up the difference between the loan amount and the purchase price by increasing your down payment.<\/li><li aria-level=\"1\"><b>Look for Alternative Financing:<\/b> Some lenders (i.e. <a href=\"https:\/\/effortlessmortgage.ca\/blogs\/demystifying-b-lender-mortgages-common-misconceptions-and-benefits\/\">b lenders<\/a> and <a href=\"https:\/\/effortlessmortgage.ca\/blogs\/comprehensive-guide-on-private-mortgages-and-private-lenders-in-ontario\/\">private mortgage lenders<\/a>) might be willing to work with a low appraisal, especially if you have an excellent credit history or if you&#8217;re willing to take a higher interest rate.<\/li><\/ul><p>Experienced mortgage brokers like Effortless Mortgage might be able to push the deal across the finish line with the same valuation. They might have other appraisers that can provide you with a second opinion and they might be able to get you an exception with the lenders due to their strong relationships with them. Do not try to keep working things out with the existing lender, if it\u2019s not working. It is time to shop. Time is of the essence.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ae88e88 elementor-widget elementor-widget-heading\" data-id=\"ae88e88\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">5. Explore Other Avenues<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7457b91 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"7457b91\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul>\n \t<li aria-level=\"1\"><b>Seller Financing:<\/b> In some cases, sellers may be willing to finance the purchase themselves, bypassing traditional lenders.<\/li>\n \t<li aria-level=\"1\"><b>Personal Loan: <\/b>If the gap isn&#8217;t too wide, a personal loan could cover the difference, though this comes with higher interest rates.<\/li>\n \t<li aria-level=\"1\"><b>Wait it Out:<\/b> If you&#8217;re not in a rush, waiting might be an option. Markets can shift, potentially leading to a higher appraisal in the future.<\/li>\n<\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-459b7a7 elementor-widget elementor-widget-spacer\" data-id=\"459b7a7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a2fb82a elementor-widget elementor-widget-heading\" data-id=\"a2fb82a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What Not to Do<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-afd9e26 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"afd9e26\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tIt&#8217;s just as important to know what not to do when faced with a low appraisal:\n<ul>\n\n \t<li aria-level=\"1\"><strong><b>Don&#8217;t Make Rash Decisions:<\/b><\/strong> Acting out of frustration or desperation can lead to poor financial choices.<\/li>\n \t<li aria-level=\"1\"><strong><b>Don&#8217;t Overextend Yourself:<\/b><\/strong> Avoid stretching your finances too thin to cover the gap; this could lead to financial strain down the line.<\/li>\n<\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7a90dfc elementor-widget elementor-widget-spacer\" data-id=\"7a90dfc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6f79f5a elementor-widget elementor-widget-heading\" data-id=\"6f79f5a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Other Things to Keep in Mind<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6173f4c elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"6173f4c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"content\" tabindex=\"0\"><div class=\"ac-container ac-adaptiveCard\"><div class=\"ac-textBlock\"><div class=\"content\" tabindex=\"0\"><div class=\"ac-container ac-adaptiveCard\"><div class=\"ac-textBlock\"><p>At <a href=\"https:\/\/effortlessmortgage.ca\/blogs\/\">Effortless Mortgage<\/a>, we advise our clients to always get pre-qualified for a mortgage before putting in an offer to purchase a home. This helps with understanding how much you can qualify for without suffering financially.<\/p><p>We also advise you to ALWAYS add a financing clause (i.e. 5 &#8211; 10 business days) as a condition of your offer to give you enough time to order an appraisal and firm up your financing.<\/p><p>If you have that 10 days, that\u2019s enough time for your mortgage advisor to order an appraisal. If the value comes in lower than expected, the lender cannot cover the shortfall and you don\u2019t want to proceed, then you can back out of the offer without losing your deposit or risk getting sued. This is a situation where the Home Appraisal is Lower Than the Offer.<\/p><p><strong>Let\u2019s talk about bidding wars\u2026<\/strong><\/p><p>During prime selling season, bidding wars erupt left and right. And the downside to winning one is the reality of getting financed at that final price.<\/p><p>Remember, the bank is going to lend only the appraised fair market value, and not the higher price you might think it\u2019s worth. So you\u2019ll be left paying the difference yourself. But don\u2019t worry, you can still secure your dream home after a low home appraisal by employing the right strategies.<\/p><\/div><\/div><\/div><\/div><\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-550e102 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"550e102\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fb35147 elementor-widget elementor-widget-heading\" data-id=\"fb35147\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">5 Strategies to Secure Your Dream House When the Home Appraisal Comes in Lower Than Your Purchase Price Offer<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e598a63 elementor-widget elementor-widget-image\" data-id=\"e598a63\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/elementor\/thumbs\/Strategies-to-secure-your-dream-house-qf4qvxik3vyfesg99ub1js9lna5zvl8penxzeauecg.png\" title=\"Strategies to secure your dream house\" alt=\"Strategies to secure your dream house\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3c63860 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"3c63860\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-407d115 elementor-widget elementor-widget-heading\" data-id=\"407d115\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">In Conclusion:<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-673863b elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"673863b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"content\" tabindex=\"0\"><div class=\"ac-container ac-adaptiveCard\"><div class=\"ac-textBlock\"><div class=\"content\" tabindex=\"0\"><div class=\"ac-container ac-adaptiveCard\"><div class=\"ac-textBlock\"><p>A low home appraisal can be a stumbling block, but it doesn\u2019t have to be the end of your home-buying journey. When the Home Appraisal is Lower Than the Offer, by understanding the appraisal process, challenging the appraisal, negotiating with the seller, considering different financing options, and exploring other avenues, you can still secure your dream home.<\/p><p>Remember to stay calm, be informed, and explore all your options before making a decision.<\/p><p>Securing a home is a significant milestone, and navigating the complexities of appraisals is just one part of the journey. With these strategies in hand, you\u2019re better equipped to handle the situation and move forward toward your goal. Happy house hunting!<\/p><\/div><\/div><\/div><\/div><\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f4cd270 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f4cd270\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-53a3e08\" data-id=\"53a3e08\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8602ad3 elementor-widget elementor-widget-image\" data-id=\"8602ad3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/calendly.com\/mortgage-advisors\/quick-chat?month=2022-07\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"364\" height=\"113\" src=\"https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2021\/07\/Book-a-15-Min-Call.png\" class=\"attachment-full size-full wp-image-806\" alt=\"Book-a-15-Min-Call\" srcset=\"https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2021\/07\/Book-a-15-Min-Call.png 364w, https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2021\/07\/Book-a-15-Min-Call-300x93.png 300w\" sizes=\"(max-width: 364px) 100vw, 364px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>https:\/\/youtu.be\/aTPwPfFAZuM You have finally found your dream home. You&rsquo;ve negotiated with the home seller on a price that you feel happy about. You and your family are so excited about moving into this house. Then the appraisal report comes in. You discover that the home has been given a value that is lower than your [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1677,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46,9,8],"tags":[],"table_tags":[],"class_list":["post-1669","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-home-purchase","category-mortgage-basics","category-home-refinancing"],"_links":{"self":[{"href":"https:\/\/effortlessmortgage.ca\/blogs\/wp-json\/wp\/v2\/posts\/1669","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/effortlessmortgage.ca\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/effortlessmortgage.ca\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/effortlessmortgage.ca\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/effortlessmortgage.ca\/blogs\/wp-json\/wp\/v2\/comments?post=1669"}],"version-history":[{"count":40,"href":"https:\/\/effortlessmortgage.ca\/blogs\/wp-json\/wp\/v2\/posts\/1669\/revisions"}],"predecessor-version":[{"id":1715,"href":"https:\/\/effortlessmortgage.ca\/blogs\/wp-json\/wp\/v2\/posts\/1669\/revisions\/1715"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/effortlessmortgage.ca\/blogs\/wp-json\/wp\/v2\/media\/1677"}],"wp:attachment":[{"href":"https:\/\/effortlessmortgage.ca\/blogs\/wp-json\/wp\/v2\/media?parent=1669"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/effortlessmortgage.ca\/blogs\/wp-json\/wp\/v2\/categories?post=1669"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/effortlessmortgage.ca\/blogs\/wp-json\/wp\/v2\/tags?post=1669"},{"taxonomy":"table_tags","embeddable":true,"href":"https:\/\/effortlessmortgage.ca\/blogs\/wp-json\/wp\/v2\/table_tags?post=1669"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}