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Fha Addendum to Sales Contract PDF Form

Fha Addendum to Sales Contract PDF Form

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Instructions and help about Fha Addendum To Sales Contract Pdf

hello ucar peter christensen here coming to you from the ceo's desk so going to talk about a question i've had through the years many many times and that is concerning the fha va loan addendum so it contains a number of provisions in it including the appraisal condition that basically says if it doesn't appraise buyers under no obligation to pay and and has to be let out without penalty so the question always comes up hey does that tie to the finance and appraisal deadline or if the buyer were to get an a low appraisal after the finance and appraisal deadline but they had to use the fha va loan addendum could they still cancel and the pretty uh well recognized answer i think is yes they could still cancel so why why can they still cancel when there's already a date tied to an appraisal condition because the way you could look at this is that it's almost a separate condition it at least modifies but probably would be treated as a separate conditio

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