Determining the Results of a Simple Experiment. Once the data from the simple experiment has been gathered, researchers then compare the results of the experimental group to those of the control group to determine if the treatment had an effect.
A low appraisal means that the buyer must increase the downpayment amount unless the seller agrees to reduce the purchase price. Both may require an extension of the closing date to allow time to resolve the issue. The buyer must notify the seller of these issues. Any extension must be agreed upon by both parties.
If either party exceeds the time is of the essence closing date, the sale could be canceled. Penalties and cancellations for missed closing dates are negotiable, though. Always make sure to read your real estate purchase agreement closely before you agree to any terms, including for missed closing dates.