Appraisal contingency addendum pa 2026

1. Click ‘Get Form’ to open the appraisal contingency addendum pa in the editor.
2. Begin by entering the property details in the designated fields, including the property address, seller's name, buyer's name, and date of agreement.
3. In Paragraph 1, specify the appraised value that is acceptable to the underwriter. This should be equal to or higher than a percentage of the purchase price.
4. Set the contingency period in Paragraph 2. If not specified, it defaults to 21 days from the execution date. Ensure this aligns with your timeline.
5. Review Paragraphs 3 and 4 carefully. These sections outline what happens if the appraisal does not meet expectations and how to proceed with termination or acceptance of terms.
6. Complete any witness signatures at the end of the document as required for validation.

Start using our platform today for free to streamline your document editing and signing process!