Appraisal being valued less than purchase price.. What if?Im looking to buy my first home. Its in a cheaper area with houses in the next sub-division you can buy a older house for $100K... Im looking at a brand new neighboorhood because the taxes are much cheaper just a few blocks down (4%vs3%) The house im looking at building is going to run $165K.She told me straight up that if I bring a realtor into the deal prices will go up. So im trying my best to do all my research.My question is how can I avoid the house being appraised lower than the purchase price then have to come up with the extra down payment if that happens. The sales lady assured me that one happen but I know how sales people are.Can I something in the contract that makes it OK to breach if the house is appraised lower than the purchase prices?How can I protect myself from this? Zillow.com's "Zestimate" Shows houses 30-40K lower than the selling price.Any advice would be helpful. I also asked to see the recent comps and she showed me a list of recently sold houses. They were all really expensive, from 170-205K... Was the list real? Dont know. If anyone would like to help. The neighborhood is called "Borden's Gully" and is located in Dickinson, TX 77539THANKS!!!!!!!!!June 05 2012 - Dickinson0YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.