---
title: "What prospective homeowners should know about Appraisal & How they go wrong?"  
description: "One of the first steps in the closing process when purchasing a house and having a contract is the appraisal."  
author: "Himanshi Gupta"  
published: 2023-09-22  
updated: 2023-09-22  
canonical: https://yourviews.mindstick.com/audio/1174/what-prospective-homeowners-should-know-about-appraisal-how-they-go-wrong  
category: "investment"  
tags: ["The sale goes through as expected if the appraisal results are at or above the contract price. The deal may be delayed or halted if the appraisal comes in below the agreed upon price."]  
reading_time: 1 minute  

---

# What prospective homeowners should know about Appraisal & How they go wrong?

Listen to the audio: [What prospective homeowners should know about Appraisal & How they go wrong?](https://yourviews.mindstick.com/Audio/4fd468d1-692a-47b1-8a46-84fc216e7ba9/audios/4fd468d1-692a-47b1-8a46-84fc216e7ba9.mp3)

One of the first steps in the closing process when purchasing a house and having a contract is the appraisal.

---

Original Source: https://yourviews.mindstick.com/audio/1174/what-prospective-homeowners-should-know-about-appraisal-how-they-go-wrong

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