<prompt> Human: Hi Reddit, my wife and I are bidding on a 759,900 home. Were less than a month away from closing and the appraisals comes back at 660,000; now what? Will we have to come up with an extra 100,000 cash? Our agent is sending in an appeal, he hasnt contacted us which makes me feel like hes not working in our best interest. He is a buyer agent of course. My wife loves the home, but I think because its a duplex, the value is less. Were buying in Silicon Valley so the price is already inflated, but 100,000, really? How can it be this low?Any advice on how I should handle this? Thanks.Edit: My Loan Officer just asked me if Im aware that my real estate agent sent in a appeal for re-pricing. Was he suppose to do this without letting us know? Somethings not right.Update Our agent informed us that the appraiser very upset at the seller because the home was listed as single family detached home, but it was actually a duplex. The seller will file a complaint with the VA because he feels the appraiser was unfair. I will look at the substantiating appraisal record carefully once it comes in. Somehow I feel like the last to know. Our logical path forward is to extend the contract 15 days to allow us to pull out without losing the earnest deposit while we wait for an appeal. Our agents wants is to start looking into other homes. I have a family member thats a buyer agent and one here a loan officer, so Im speaking advice. Thanks guys, you guys were very helpful!Update 2Appraiser said there was no argument, he had to reduce the value solely on the fact that the property is a duplex. He tried to raise the value, but there are no comparable sales I the area. He is restricted by the market to reduce value by that much.  <response>: Live where you want but NEVER pay more for property than its worth.Just dont. 