Appraisal Objection Deadline

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When you're done with all the tasks below, mark that you've completed this checklist.

Contract Deadline: Appraisal Objection DeadlineContract To Close: AppraisalUltimate Nomad ChecklistWeek 13


When you get the Appraisal from the Lender, review it. If you have questions, discuss it with the Lender and/or your Real Estate Broker.

Mark this task as complete when done.

Contract Deadline: Appraisal Objection DeadlineUltimate Nomad ChecklistWeek 13


If the property appraised for at least the Purchase Price or you will make up the difference between what it appraised for and the Purchase Price, you can ignore this deadline and continue with the purchase.

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Contract Deadline: Appraisal Objection DeadlineUltimate Nomad ChecklistWeek 13


If the property appraised for less than Purchase Price and you want to object to the Appraisal, ask your Real Estate Broker to prepare an "Appraised Value Objection Notice" to protect your Earnest Money.

Mark this task as complete when done.

Contract Deadline: Appraisal Objection DeadlineUltimate Nomad ChecklistWeek 13


If the property appraised for less than Purchase Price and you want to object to the Appraisal sign the "Appraised Value Objection Notice" via DocuSign before the Appraisal Objection Deadline to protect your Earnest Money.

Mark this task as complete when done.

Contract Deadline: Appraisal Objection DeadlineUltimate Nomad ChecklistWeek 13


Once you sign the "Appraised Value Objection Notice" via DocuSign save a copy to your property folder in Dropbox.

Mark this task as complete when done.

Contract Deadline: Appraisal Objection DeadlineUltimate Nomad ChecklistWeek 13


If the property appraised for less than Purchase Price and you want to terminate based on Appraisal, ask your Real Estate Broker to prepare a "Notice To Terminate" and "Earnest Money Release" before the Appraisal Objection Deadline to protect your Earnest Money.

Mark this task as complete when done.

Contract Deadline: Appraisal Objection DeadlineUltimate Nomad ChecklistWeek 13


If the property appraised for less than Purchase Price and you want to terminate based on Appraisal sign the "Notice To Terminate" and "Earnest Money Release" via DocuSign before the Appraisal Objection Deadline to protect your Earnest Money.

Mark this task as complete when done.

Contract Deadline: Appraisal Objection DeadlineUltimate Nomad ChecklistWeek 13


Once you sign the "Notice To Terminate" and "Earnest Money Release" via DocuSign save a copy of them to your property folder in Dropbox. Once you get them back signed from the Seller, replace your copies with the fully executed copies in your property folder in Dropbox.

Mark this task as complete when done.

Contract Deadline: Appraisal Objection DeadlineUltimate Nomad ChecklistWeek 13

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