Good afternoon, Erika:
Appraisals are based on sales of other properties. In reviewing the S&P Case Shiller housing index, we can observe that while the Charlotte region is still declining, in the last several months, the percentage of decline seems to have slowed significantly. If comparable sales do not currently support your agreed sales price, you are going to be selling at the appraised price (and bringing cash to the closing), selling as a short sale (if some hardship is forcing your sale) or waiting until the market changes. If you appreciate an answer, please give "thumbs up". For the most helpful answer, please say thanks with a "best answer" click.