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• Appraisal Contingency What Is It Do I Need It Zillow

  What is an appraisal contingency? An appraisal contingency is a clause included in a real estate purchase contract that allows the buyer to walk away from the deal and retain their earnest .

• What Is An Appraisal Contingency And When Does A Buyer Need It

  If a buyer included an appraisal contingency in their offer, they can negotiate with the seller on the price when the appraisal comes back low. For example, if the purchase price was .

• The Ultimate Guide To The Appraisal Contingency Clause

  Here, a buyer agrees to cover a potential appraisal shortfall up to a certain amount. For example, “Buyer agrees to pay up to $, over the appraised value, not to exceed the purchase price.”.

• Why Appraisal Contingencies Matter In Real Estate Transactions

  An appraisal contingency is a clause in a real estate purchase agreement that protects you if the appraised value of the home comes in lower than the agreed upon sale price..