In today’s hot real estate market, waiving contingencies is a big discussion. After all, it seems like most winners are trying to close faster and write contingency free offers to push their bid to the top!
In this video, we discuss how to analyze the risk of waiving the appraisal contingency. If you are putting enough money down, the risk could be minimal. The lower the down payment, the higher the risk! In the end, having a good Realtor on your side to provide some value guidance is key!
For a detailed look at this analysis, please click the link below!
If you like a free mortgage consultation from one of our certified mortgage planning specialists, please visit us at https://downsgroup.mvbmortgage.com. We are here to help!