Best of Luck,
Century 21 Tenace
Mortgage Broker responds-
Depending on how the purchase is structured and the DTI (Debt To Income) ratios, a borrower may be able increase their rate for a LC (Lender Credit) which can then free up more money for the buyer to pay the difference OR to pay more closing costs, allowing the seller to reduce the sales price, etc., etc., etc.
Depending on the lending source, the Mortgage Lender or Broker may be able to restructure their compensation to help. However, the ridiculous VA 1% Total Origination Fee rule and the ABSURD and Crippling, Anti-Common Sense new rules in the Death Star (i.e. Dodd/Frank Act/ Borrower Paid or Lender Paid Comp. rules) are often deal killers these days for consumers, all thanks to Barney Frank, Maxine Waters and a few other Washington Space Cadets!
If the sales price is over $150,000 and if the Realtors are charging 6 points, ask them to cut their fee too or do Realtor Rebates.
If everyone contributes the deal may be able to fly.
So yes, the buyer can make up the difference.
If the buyer truly believes the house is worth the purchase price, then they may want to consider challenging the appraisal. This can be done through the appraisal management company. If a good argument can be made on the adjustments or if additional supporting comparables can be found, then it is possible the appraisal can be changed.
RE/MAX Central Realty
Maybe you can talk to your Realtor, tell her your problems and suggest the two of you go talk to a VA lender that she knows for the information.