Appraisal and loan mortgage question?

Torrey O asked:


I am having a house built, and it almost finished the house just appraised for less than what home building company is asking for? I haven’t had a chance to talk to my sales rep. I don’t know what to do? I also don’t know what they are going to do. THe bank will not lend me more than what the house is worth. What do you think is going to happen a far as the seller, and what should I do?

Silver Spring md homes






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