Ok here is my deal, we are trying to buy a home through our bank using an FHA loan. We had gotten the appraisal done and everything but then bank calls and says, oh a new law popped up and since the seller has owned the home less than 90 days a second appraisal is required plus an inspection. Ok so we were like what? but looked it up and saw that was right. However, the seller is like freaking out on us saying if the second appraisal is 5 percent or more higher than the first appraisal (which appraised about 98,000 and the asking price was 95000) then we wouldn't be able to buy the house. The seller then states that the appraiser will probably appraise it for a lot more than the first one. So my question is, does having two appraisals being more than 5 percent difference stop us from buying this house?