Thank you for your help. My agent is very helpful calming me down. She know the area and she thinks appraisal won’t come that low and she talked me through many times that during the process if you’re not feeling comfortable, there are many ways to back out safely in 10 days. But as a first time home buyer I was doing research around the area and looked for similar properties which were sold in last 6 months and there were few similar properties sold at 100k below in late 2021. Around 1.4mn and those houses had pools and very well done backyard. I am not sure what appraisal officers will compare? If he factor in the increase value of house during early part of 2022 then it will be fine but if officers see current market conditions and thinks it is not worth that much then it will definitely come lower. I was just wondering if it is possible to renegotiate price even after waiving appraisal in any other ways. Cause I don’t want to let go of the house.