Finance
When a NH property's appraised value comes in below the contract price, the buyer's options include:
AOnly canceling the contract
BRenegotiating the price with the seller, paying the difference in cash, or canceling if the appraisal contingency is in place✓ Correct
COnly accepting the lower loan amount
DOnly suing the appraiser
Explanation
A low appraisal gives the buyer multiple options (if there is an appraisal contingency): renegotiate to reduce the price, pay the appraised-value gap in cash, challenge the appraisal, or cancel and receive their deposit back.
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