I am very confused as well. Is this a short sale home? I can't imagine why a Seller would have an appraisal done themselves unless it is a Short Sale and the Bank had the Appraisal ordered. Ok so let me see if I understand this right. You are buying a home and getting a loan on this home. Your lender ordered an appraisal and it came in at the purchase price, which is good. Then the Seller ordered an appraisal and it came in significantly lower than the "purchase price". Now your lender is telling you that another appraisal has to be done at your expense. Is this correct? If this is correct I wonder can you get a copy of the Seller's appraisal and have your lender speak to the appraiser to see if they can put this "new" appraisal into your bank's name, at a fee to you (but a much lesser fee). If so then you will probably be paying a whole lot less since there is a $32,000 differance in appraised value which would save you $32,000. A $32,000 savings would be well worth another appraisal fee but if you can get a discount on that fee that would be ideal for you.