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Mortgage Minute: Should you ever waive an appraisal contingency? - 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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