Managing the impacts of appraisal gaps in a hot housing market

July 01, 2021

U.S. Bank presents a white paper containing tips for addressing the challenges presented by appraisal gaps during the home-buying process.

 

Having a bid accepted on a new home right now is a big challenge.  But even once the bid is accepted, your transferees may be seeing issues cropping up during the appraisal process.   Appraisal gaps resulting from rapidly increasing home prices and bids over the asking price are causing headaches for many mortgage borrowers.
 

U.S. Bank presents a white paper that offers background on appraisal gaps and steps you and your transferees can take to overcome the challenges they present.
 

Click here to read Managing the impacts of appraisal gaps in a hot housing market.  

Related content

6 questions to ask before buying a new home

8 steps to take before you buy a home

What to know when buying a home with your significant other

Building a dream home that fits your life

Mortgage basics: How much house can you afford?

Mortgage basics: Finding the right home loan for you

Home buying myths: Realities of owning a home

How I did it: Turned my side hustle into a full-time job

It's possible: 7 tips for breaking the spending cycle

Closing on a house checklist for buyers

Multiple accounts can make it easier to follow a monthly budget

Is it time to get a shared bank account with your partner?

Don’t underestimate the importance of balancing your checking account

Which is better: Combining bank accounts before marriage — or after?

How I did it: Bought a home without a 20 percent down payment

5 ways to maximize your garage sale profits 

What is a home equity line of credit (HELOC) and what can it be used for?

Trends in economics, immigration and mobility policy

Putting home ownership within reach for a diverse workforce

Housing market trends and relocation impact

Insource or outsource? 10 considerations

The surprising truth about corporate cards

Changes in credit reporting and what it means for homebuyers

Tapping into indirect compensation to recruit foreign talent

Why other lenders may be reaching out to your employees

High-cost housing and down payment options in relocation

Work flexibility crucial as municipalities return to office

Overcoming the 3 key challenges of a lump sum relocation program

Crypto + Relo: Mobility industry impacts

For today's relocating home buyers, time and money are everything

Empowering team members

10 tips on how to run a successful family business

Talent acquisition 101: Building a small business dream team

The role of ethics in the hiring process

8 ways to increase employee engagement

The costs of hiring a new employee

How to reward employees and teams who perform well

How to hire employees: Employee referral vs. external hiring

Give a prepaid rewards card for employee recognition

How a small business owner is making the workplace work for women

5 principles for avoiding ethics pitfalls on social media

5 tips for helping employees raise ethics concerns

The growing importance of a strong corporate culture

7 uncommon recruiting strategies that you may not have tried yet

How to build a content team

How I did it: Joined a board of directors

5 tips for being a great board member

Tips for navigating a medical hardship when you’re unable to work

Checklist: 10 questions to ask your home inspector

Checklist: financial recovery after a natural disaster

Recognize. React. Report. Caregivers can help protect against financial exploitation

Is online banking safe?

Pros and cons of a personal line credit

3 tips for saving money when moving to a new home

Is raising backyard chickens a good idea financially?

Adulting 101: How to make a budget plan

You can take these 18 budgeting tips straight to the bank

Save time and money with automatic bill pay

Do you and your fiancé have compatible financial goals?

Personal finance for teens can empower your child

How to save for a wedding

Here’s how to create a budget for yourself

9 simple ways to save

What you need to know about renting

How to stop living paycheck to paycheck post-pay increase

Know your debt-to-income ratio

Overcoming high interest rates: Getting your homeownership goals back on track

For today's homebuyers, time and money are everything

Crypto + Homebuying: Impacts on the real estate market

Should you buy a house that’s still under construction?

How I did it: Bought my dream home using equity

Buying a home Q&A: What made three homeowners fall in love with their new home

House Hacks: How buying an investment property worked as my first home

Managing the impacts of appraisal gaps in a hot housing market

How I did it: Built living spaces to support my family

Spring cleaning checklist for your home: 5 budget-boosting tasks

Saving for a down payment: Where should I keep my money?

Your guide to breaking the rental cycle

Checklist: 6 to-dos for after a move

What are conforming loan limits and why are they increasing

Uncover the cost: Building a home

The lowdown on 6 myths about buying a home

4 ways to free up your budget (and your life) with a smaller home

Get more home for your money with these tips

Money Moments: Tips for selling your home

Money Moments: How to finance a home addition

How I did it: My house remodel

Dear Money Mentor: When should I refinance a mortgage?

Beyond the mortgage: Other costs for homeowners

10 ways to increase your home’s curb appeal

10 questions to ask when hiring a contractor

5 things to avoid that can devalue your home

What is an escrow account? Do I have one?

Is it the right time to refinance your mortgage?

These small home improvement projects offer big returns on investment

Should you get a home equity loan or a home equity line of credit?

Is a home equity line of credit (HELOC) right for you?

How to use your home equity to finance home improvements

How do I prequalify for a mortgage?

Home equity: Small ways to improve the value of your home

Can you take advantage of the dead equity in your home?

10 uses for a home equity loan

Start of disclosure content

Loan approval is subject to credit approval and program guidelines. Not all loan programs are available in all states for all loan amounts. Interest rate and program terms are subject to change without notice. Mortgage, Home Equity and Credit products are offered through U.S. Bank National Association. Deposit products are offered through U.S. Bank National Association. Member FDIC.