Ask our community...All cash dealI'm buying a Fannie Mae property all cash. I want to get the property appraised before opening escrow. Will the bank lower the price on a cash deal if the appriased value is less than the offer price? I have done some research about last six month sales and $$$/sqfeet etc but still to be sure I want to get the appraisal done. My agent informed me that if its a LOAN than bank has to agree to the appraised value but they may not agree on a cash deal. Please advise.January 28 2011 - Elk Grove00YesReport 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.