What you say is true, your REALTOR will negotaite back to the bank for the new purchase price which is the appraised value. Plus your lender will not alow you to buy a property less than what you're paying for. So good luck ussually, it will take another 15 days for them to come back to you or sometimes less.

Any questions don't hesitate to email me

Your agent should try to negotiate the price down with the lisiting agent.

You can always try to negotiate a lower price once you have that appraisal. Good luck .

Kamal Randhawa
Broker
510-932-1066