Zillow Advice: Buying Process - If a builder's agent agrees to adjust price if appraisal value is lower can the take away this offer http://www.zillow.com/advice-thread/If-a-builder%27s-agent-agrees-to-adjust-price-if-appraisal-value-is-lower-can-the-take-away-this-offer/447381/ Zillow Advice | Zillow Real Estate Hi user, it depends on the ... http://www.zillow.com/advice-thread/If-a-builder%27s-agent-agrees-to-adjust-price-if-appraisal-value-is-lower-can-the-take-away-this-offer/447381/ Hi user, it depends on the addendum as to how to fully answer your question. In most instances, if the appraisal comes in lower, the seller (builder) will lower the price to match the appraisal, with or without an addendum. If they choose not to lower the price, most contracts in Virginia include an appraisal clause, so you should be able to walk away without penalty. Consult your buyer's agent or a RE Attorney for full and complete answers. This is my opinion, and should not be construed as legal advice.<br/><br/>Welcome to the area! I live just off Rte 234!<br/><br/>Best wishes, Jim Tue, 19 Jun 2012 14:07:00 GMT http://www.zillow.com/advice-thread/If-a-builder%27s-agent-agrees-to-adjust-price-if-appraisal-value-is-lower-can-the-take-away-this-offer/447381/ 2012-06-19T14:07:00Z You need to have an agent ... http://www.zillow.com/advice-thread/If-a-builder%27s-agent-agrees-to-adjust-price-if-appraisal-value-is-lower-can-the-take-away-this-offer/447381/ You need to have an agent representing you. If the appraisal came in lower than the offer the seller has a choice to change the price to appraised value or not. Tue, 19 Jun 2012 03:16:00 GMT http://www.zillow.com/advice-thread/If-a-builder%27s-agent-agrees-to-adjust-price-if-appraisal-value-is-lower-can-the-take-away-this-offer/447381/ 2012-06-19T03:16:00Z The builder has an agent ... http://www.zillow.com/advice-thread/If-a-builder%27s-agent-agrees-to-adjust-price-if-appraisal-value-is-lower-can-the-take-away-this-offer/447381/ The builder has an agent representing them, you should have an agent representing you.&nbsp; <br/><br/>A buyer's agent would know to include specific language about a percentage price adjustment or a specific price as a result of an appraisal to protect your interests. Tue, 19 Jun 2012 02:05:00 GMT http://www.zillow.com/advice-thread/If-a-builder%27s-agent-agrees-to-adjust-price-if-appraisal-value-is-lower-can-the-take-away-this-offer/447381/ 2012-06-19T02:05:00Z