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Judgment & ambiguity · Decisions under uncertainty

You've got a signed offer on a listing and a hard closing date, but the buyer's appraisal comes in below the contract price and their lender won't fund the gap. The seller needs to close. Do you push to save this deal or go back to market, and how do you call it?

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A low appraisal isn't automatically a dead deal or automatically a price cut — it's new information about what a lender, and maybe the market, will support.

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