Description
In real estate, an appraisal contingency is a clause in a purchase and sale agreement that allows a buyer to back out of a sale if the property does not appraise for the agreed-upon purchase price.
An appraisal is an estimate of a property's value, typically performed by a licensed appraiser. Lenders often require appraisals before approving a mortgage loan to ensure that the property is worth the amount of money being borrowed. The appraiser looks at various factors, such as the property's location, size, condition, and comparable properties in the area, to determine its fair market value.
When you have a property litigation case at hand. Here’s what you need to know and do.
List on TitleSuit
Get Advocate Help – Property Case Advocate
List on TitleSuit: TitleSuit is a user generated property cases listing platform. Listing your land litigation case/ property litigation case on their platform is one of the best things to do. Listing your case on their portal, is not much of an hassle at all, it barely takes a few minutes.
By listing your case on their portal, you will automatically be stopping opposite parties from selling. Generally, when the property comes under a case, opposite parties start to sell the land/real estate without giving any notices to other parties involved in the case.
Most of the buyers who are in the market for buying/investing in a property search on TitleSuit and find out whether the property has a clear title or not.
So by listing your case on the portal, you are saving your property from being sold by the opposite party and also stopping other people from getting fooled.
Get Advocate Help : If you have a litigation case on property, the best thing to do after listing on “TitleSuit” is to contact an experienced lawyer who specializes in property law.
They can and will help you in understanding the legal processes involved in getting your property back and provide advice on how to best proceed with your case moving forward.
Meet a Property Case advocate and file a case, and later on – list your case on TitleSuit app.
TitleSuit is the first solution and answer to your suit and litigation worries. List your property cases on TitleSuit today for FREE. Spread this word among your friends and relatives and be a part of the collective change TitleSuit is bringing.