Fha Escape Clause

Concept of Fha Escape Clause in the context of Real Property

A short definition of Fha Escape Clause: A clause stating that the buyer (borrower) shall not be obligated to buy nor shall any deposit be lost if the appraisal is less than the agreed upon amount.

Concept of Fha Escape Clause in the context of Real Property

A short definition of Fha Escape Clause: A clause stating that the buyer (borrower) shall not be obligated to buy nor shall any deposit be lost if the appraisal is less than the agreed upon amount.