Darson Grantham - The Grantham Group Real Estate Blog

An appraisal gap occurs when a home's appraised value comes in lower than the agreed purchase price, which becomes a real issue for buyers whose offer was above list price in a competitive Des Moines metro market. Darson Grantham is a DMAAR Board Member who helps buyers structure competitive offers with appropriate appraisal gap protection before they get into this situation. Connect at www.darsongrantham.com. In a competitive market, buyers sometimes offer above a home's lis