Prebuild Appraisals Falling Short—What Now?

Bought a prebuild in 2021 or 2022? Now it’s time to close—but the bank’s appraisal is way lower than what you paid. So what happens now? • Can you walk away from the deal? • How do you cover the gap? • What happens to your deposit? Peter breaks it all down on CTV Morning Live Vancouver, tune in to learn about your options before it’s too late.