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Updated over 3 years ago,

Deziree Thomas's profile image
Deziree Thomas's profile image
Deziree Thomas
  • Member since Sep 8, 2021
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Deziree Thomas's profile image
Deziree Thomas's profile image
Deziree Thomas
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Deziree Thomas
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Buying & Selling Real Estate

What are Appraisal Waivers?

Deziree Thomas
Posted

I've been actively looking for 4-plex properties here in DFW and have run across multiple sellers asking buyers to sign appraisal waivers. My agent explained to me that if it appraises less than what I offer, then I am to pay the difference outside of financing. Is this correct? Does anyone have any other information I should know regarding these waivers? Thanks. 

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