It's sort of a tough question to provide any sort of help with. In general appraised values aren't the same thing as market valves, and asking prices for quick sales are less than ones where time isn't important. Reduced asking prices often make for quicker sales and in a seller's market might also generate excitement and produce a bidding war that ends up exceeding the asking price.

Of course a reduced asking price might also produce a reduced sale price and a minimum that would be viable in terms of overall financing and living expenses would be a complicated question. A good real estate agent should be able to crunch numbers to see how much room in deal making there is. That's should be expected as a part of earning their commissions. Our agent actually earned us money over and above his commission when we moved from the city. There are a bunch of financing schemes that are sometimes used to help span cash flow problems and a good agent would know of them. However, such schemes always have risks and I'm not sure I'd want to go for one as we're on mostly fixed retirement incomes.

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