What happens if the appraisal price is higher than contract price?

Ray Hall with https://rayhallappraisals.com/ tells our listeners all they need to know about the appraisal process when purchasing a home. Ray began his appraisal career in 2004 after spending several years as a financial advisor after graduating the University of South Florida. He began his career with one of the largest residential appraisal firms on the west coast of Florida.