Appraisal

I received my appraisal in the mail today. I was appraised at $87,500. I was kind of hoping for more, but I was pretty much expecting somewhere in the ballpark of what I offered ($85,000). Asking price on the house was $94,000. I am really glad I went with the $85k as my first offer and not the $87k that was what we were talking about beforehand. I was also going to ask for seller assist which would have brought my mortgage total to around $90k. My real estate agent, Gayle, was worried that the house would not appraise for $90,000 and it seems as though she was right.