Found 1 blog entry tagged as Appraisal Gap Waivers.

Cash is King in the Denver Real Estate Market right now, with many buyers being beaten out by all-cash offers. If you need a loan in order to buy a home, how can you position yourself to compete with cash offers? If you can close your loan in two weeks or less, waive your appraisal objection, and in some cases your loan objection (and increase your offer price ever so slightly) you can absolutely compete with cash offers, and win. But what does it mean to waive your appraisal objection, often called an Appraisal Gap Waiver?

Many sellers in today’s market favor buyers who are willing to guarantee their full offer price—even if the property appraises for less (which is common when prices are accelerating as quickly as they are here in Denver). For…

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