What is an Appraisal Waiver? | Guest Post

When negotiating a quick close for your buyer or seller, an appraisal waiver can seal the deal. What is this, you ask. With an appraisal waiver, you’ll not only give your clients even more peace of mind (having removed a loan milestone), but speed up the process by eliminating the need for an in-home inspection. Plus, you'll save your clients a big expense.  There is also a huge benefit to the seller in that you will not be negotiating the sales price nor asking for any additional repairs due to conditions listed on the appraisal. Make sure to always ask if your client is eligible for an appraisal waiver.

More info in the video below.

This article courtesy of Nicole Rueth, Producing Branch Manager at Fairway Mortgage. The views, opinions and positions expressed within this guest post are those of the author alone and do not necessarily represent those of the Denver Metro Association of REALTORS®. The accuracy, completeness and validity of any statements made within this article are not guaranteed. We accept no liability for any errors, omissions or representations. The copyright of this content belongs to the author and any liability with regards to infringement of intellectual property rights remains with them