Va escape clause 2026

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The document outlines the VA Escape Clause, which stipulates that a purchaser is not obligated to forfeit earnest money unless a written appraisal statement from the mortgagee confirms the property's value meets or exceeds a specified amount. It emphasizes that the purchaser can still proceed with the contract regardless of the appraised value and advises them to ensure the property's price and condition are satisfactory.

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Click ‘Get Form’ to open the VA Escape Clause in the editor.
Begin by entering the Property Address in the designated field. Ensure accuracy as this is crucial for identification.
Next, input the VA Case Number. This number is essential for tracking and processing your application.
In the clause section, locate the blank space for the Sale Price. Enter an amount that reflects your agreement on the property’s value.
Fill in your name as Borrower along with the date next to it. Repeat this step for any additional borrowers.
Finally, have the Seller(s) sign and date in their respective fields to complete the document.

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