Can you negotiate on hud home if you overbid the value of the home ?

I will completely agree with Yvonne, there isn't nearly enough information to answer this question and since the statement was made before the appraiser came out, it was most likely an "In case statement." that you needed to be aware of. Also, pending the terms of your contract, the statement of, "You must pay the difference," is most likely miscommunication or misunderstanding. If a home appraises for less than the offer price, it means that the lender would not provide a loan for the entire amount. Standard contracts have contingencies which allow you an opportunity to renegotiate, terminate or proceed with understanding that purchasing without negotiation will mean buyers pay the difference. Your realtor will also have an ability to review the appraisal and may find reasons to dispute. Given the age of this post, I hope everything worked out for the best and you are happily in or soon to be in your new home.

Have z unprofessional realtor pay the difrent or her company who hiered unprofessional realtor like her yes you should back out on this deal fire her and report her and her company who supported her seu if you have 2 good luck

That was an interesting question. Real estate is so vast and you learn something new everyday. This is 3 week old question, let me know if you are still looking for the right answer. I can reach out to my HUD expert.

Chris
Coldwell Bankers
832-859-8698
ChrisRealEstatePro.com

Hi,
I would recommend you sit down with your Realtor and her Broker or Manager and discuss your options. It's hard to answer your question without making assumptions, as there isn't enough information to go by. So I will proceed with the assumptions that: your Realtor provided you with a CMA before you bid on that house and ensured that the price you agreed to was not higher than what the house was worth. I also assume what the Realtor told you about appraisal was more of a "just in case" disclosure. I don't know what type of loan you've applied for- conventional or FHA, what the down payment was, etc.
Your best resource right now is your Realtor and your broker. They have the details we don't and can answer your questions and work in your best interest.

Generally, if a house appraises lower than what the agreed price was, the bank will ask that you come up with the difference or renegotiate the contract. Your Realtor was probably just providing you with different scenarios of appraisal. Again, it's my assumption.
Hope it all works out.
Thank you,

Yvonne Chauvin
Realtor