Welcome back, #DealHunters! We took a quick break last week, but we're back with even more information on the real estate industry. Appraisal gaps are becoming more common as buyers look to secure a home, but should consumers be okay with the practice? Due to the low inventory across the country, buyers are finding themselves in bidding wars for homes on the market. These bidding wars are causing prices to shoot up way past the original list price, but when appraisers come in to give valuations for these properties, the appraised value of the home is coming in well below the purchase price in buyer's offers. This creates the "gap" or difference between the appraised value and the perceived value that the buyer is willing to pay. But should buyers and their real estate agents be comfortable overpaying for properties? We know the importance of buying a deal as it allows buyers to walk into their new home with equity, but a buyer purchasing a home with an appraisal gap already puts themself at a disadvantage in the event the market corrects, and the value of homes decrease. Learn more about appraisal gaps so you can be an informed resource for buyers and investors as they contemplate their options.Mentioned in today's episode:PropstreamLaunch ControlForeclosure.comGoHighLevelRentReportersHere's a link to the article Donny discussed in today's episode:What Happens If Your Appraisal Comes In LowClick the GoHighLevellink to sign up for a Free 14-Day Trial and revolutionize your marketing systems today!Sign Up For Your Free 14-Day Trial Of GoHighLevel!We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io? Master Foreclosure Investment with DonnyLearn the secrets with the "5 F’s of Foreclosure Investment System". Dive deep into properties, transform them into profits, and shape your financial future, all for just $49.? Enroll Now? Unlock Your Foreclosure Potential with DonnyReady to secure a minimum profit of $25,000 on your first deal? Donny's "Do it with you" coaching model guides you step-by-step. Turn potential into profit.? Schedule Your Call Now? Join the Foreclosure ExpertsStep into our dedicated community. Gain expert insights, strategies, and connect with like-minded investors.? Facebook Group? The Ultimate Foreclosure HubEquip yourself with the best-in-class resources, strategies, and updates from the foreclosure world. Your investment journey, elevated.? Official Website? Network with Donny Coram, The Foreclosure Deals CoachForge connections, share your journey, or simply drop a hello!? LinkedIn? InstagramNote: Some links may be affiliate. Your support keeps us creating quality content.