What can a seller do if the appraisal comes in low?

If an appraisal comes in low, the borrower can ask the lender for a reconsideration of value, and the seller can help document why the home is worth more. Supporting evidence can include plat maps, square-footage measurements, photos of improvements with receipts, and a list of comparable home sales from the past 12 months. The lender decides whether the revised value is supported, because the appraisal drives the interest rate, required down payment, and loan approval.