Is this good or bad for my first place?

I recently put an offer on a foreclosed home and i bid a thousand over the listing price, my offer got accepted by the seller, i did my inspection my loan got approved, but the appraiser came in a appraised the house for 20k less than the listing price, is that good or bad? as far as the bank (seller) accepting the appraiser's value.

3 weeks ago - 1 answers