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Home > Tips for Home Buyers > Appraisal Contingency

Appraisal Contingency

October 19, 2015 By Connie Dolansky

In the past several years, appraisal contingency clauses have been added to offers. This has been fueled by the government wanting to provide accurate values in purchasing a home. If the purchase price does not meet the appraised value, mortgage loans cannot be made. Contingency has provided security and accuracy for the buyers benefit.

Filed Under: Tips for Home Buyers

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