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Go with it and keep the higher price in your mind as reality. Then if your Investors raise the price, you're golden since you expect it. As long as it will garner the appraisal for the loan if buyers are getting one?
If it was me I would roll with the offer (unless your on the buyer side). Often times Short Sale BPO/Appraisals come in low .. then Purchase Appraisals come in high.
Caroline - How do you know that is what the appraisal came in at? The only concern is that if you truly "overpaid" for the property, and are getting a mortgage, your lender might underappraise it, too. You can ask the negotiator if you should lower the purchase price - because they might see that happening, too.
Okay, Thanks!