What Buyers Need to Know About Making an Offer on Active Contingent Listings
HomeLight
JANUARY 13, 2022
An appraisal contingency allows a buyer to walk away from a sale if after an appraisal is completed if the value of the home is found to be less than the purchase price. This is the most commonly waived contingency, with 21% of buyers going without an appraisal, according to NAR data. Title contingencies.
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