Why is there such a difference in the asking price versus the selling price of a home? Sometimes it can be because the seller is desperate to sell and feels it's best to sell it for what is being offered now as opposed to waiting for another offer that may never come. Other times it's because the appraisal price didn't match what the seller was asking for the house in the first place and
. unfortunately for many sellers, it doesn't matter how much a buyer likes your home, if it's not worth what you're asking for it, you're probably not going to get it. For many years, home prices have been inflated all across the country and now people are struggling to sell their homes. In this economic downturn, it is more important than ever to get an appraisal for a ballpark amount before you settle on an asking price. However, when you are a seller, please remember that no matter what the appraisal shows, a house is only worth what someone else is willing to pay for it.
