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today were going to be talking about what an appraisal waiver is or what is waiving your appraisal so its always important to know what this is before youre writing a contract and the reason is what can happen is youll be writing your contract youre so excited to buy the house youre telling the realtor youll do anything i will do anything for this house they go okay well do you want to waive the appraisal and you go sure yeah whatever i have to do whoa whoa whoa whoa whoa guys we need to know what that means because what im seeing a lot of i get so many calls from youtube comments and everyones like i waved my appraisal and i dont know what to do now and im like yeah like 15th person this month so lets talk about what that means now first of all you can have a waived appraisal with a conventional mortgage if if the property you are buying qualifies for an appraisal waiver okay now im stressing that because what ill hear sometimes from a real estate agent is well my lender