Review Of Buying A Home For Less Than Appraised Value 2022. In the case that you purchase a home for a lower price than it is appraised, you would then make money (equity) on your purchase and maybe could absorb some of the. Some experts say it’s ok to pay above the market price if the following boxes are ticked:

An appraisal isn’t set in stone. While appraisers look at home sales and other data, they still apply a significant amount of judgment. I own a property that recently appraised for $350,000 in the state of maryland that i purchased for $300,000 7 years ago.