Minnesota financing contingency

“What if it Doesn’t Appraise?”

Possible Scenarios and Intriguing Permutations Although there are ways to minimize the risk — and each situation is unique — there are times when a home that’s under contract doesn’t appraise. What then? Assuming that the standard Minnesota Financing Contingency Addendum applies, there are two main possibilities: One.  The Buyer’s financing contingency fails, and the...
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