Sell your home
Compare offers beyond price
Price, terms, certainty and timing together.
6 minute read
What to weigh
- Vanguard practice: compare price, financing, credits or concessions, timing, contingencies, certainty and your net result.
- Your agent explains the contract within their broker's scope. Legal and tax questions go to those professionals. You decide.
When the buyer uses VA financing
- A VA appraisal is not a home inspection.
- If VA's value is below the price, the escape clause lets the buyer renegotiate, cover the difference or walk away without losing earnest money.
Source: Buying a home with a VA-backed loan; VA Escape Clause; VA Pamphlet 26-7, Chapter 12: Minimum Property Requirements
Sources
Official material this lesson draws on. Vanguard's explanation is educational; current official requirements govern.