09/08/2021
In today’s competitive market if you are getting a loan, one of the major ways to compete with a cash buyer is to waive your appraisal. This does not mean you are actually waiving your right to an appraisal; it simply means you are agreeing to come up with the difference if the home appraises for less than the sale price. If this happens, you can choose to either write a check for the difference or take it out of your down payment! 😊🏡