Mortgage Minute: Should you ever waive an appraisal contingency?
Media Type |
audio
Categories Via RSS |
Business
Careers
Investing
Publication Date |
Sep 14, 2023
Episode Duration |
00:06:31
Sometimes buyers make the decision to waive appraisal contingency in a competitive market. Basically that means you will buy the house even if it doesn't appraise for what you offered.
 
But what does that mean when it comes to getting a loan? Does that put you or your earnest money at risk? Learn more about this on today's episode. 
 
Doug is a physician lender with BMO Bank. To learn more about him or to request a free copy of his book, go to www.DougCrouse.com.

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