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The Role of the Appraisal Contingency in Real Estate Contracts

December 5, 2024 by Robby Oakes

When you’re buying a home, one important component of the real estate contract is the appraisal contingency. This clause protects the buyer in case the property’s appraisal comes in lower than the agreed-upon sale price.

Filed Under: Home Buyer Tips Tagged With: Appraisal Contingency, Home Buying , Real Estate Tips

Understanding an Appraisal Contingency in Your Home Purchase

November 6, 2024 by Robby Oakes

When buying a home, you have the option to include contingencies in your purchase contract. These protect you by setting certain conditions that must be met for the contract to remain valid. If any contingency isn’t satisfied, you can back out of the sale without penalty.

Filed Under: Mortgage Tips Tagged With: Appraisal Contingency, Home Buying 101, Mortgage Tips

Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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