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The Role of the Appraisal Contingency in Real Estate Contracts

by lizlaurenb | Dec 5, 2024 | Home Buyer Tips

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. While it’s a common part of...

Understanding an Appraisal Contingency in Your Home Purchase

by lizlaurenb | Nov 6, 2024 | Mortgage Tips

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...

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Cornerstone First Mortgage, LLC NMLS#173855 

Racheli Refael NMLS# 64918

Branch address:
1471 NE 26th St. Suite 100
Fort Lauderdale, FL 33305

Call 954-800-0330

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