How can the appraisal affect the Buyer's ability to close on a Home Loan?

Have you ever wondered what is an appraisal in the home buying process and how can it affect the buyer's ability to close on a home loan? What do you need the appraisal to be for the home loan to proceed? What can be negotiated in case the home doesn't appraise at least at the contract price? All of that and more in Bisaya version(with english subtitles)! 🌟Ian Divinagracia 💼Realtor® DRE# 02058354 📱(559)400-4469 📧 [email protected] 🏢Central California Real Estate Pros #PinoyRealtor #fresnorealestate #clovisrealestate #centralvalleyrealestate #filipinorealtor #fresnorealestateagent #visaliarealtor #tularecountyrealtor #kingscountyrealtor