{"id":240158,"date":"2024-06-10T03:53:31","date_gmt":"2024-06-10T03:53:31","guid":{"rendered":"https:\/\/namso-gen.co\/blog\/?p=240158"},"modified":"2024-06-10T03:53:31","modified_gmt":"2024-06-10T03:53:31","slug":"who-pays-appraisal-fee-if-deal-falls-through","status":"publish","type":"post","link":"https:\/\/namso-gen.co\/blog\/who-pays-appraisal-fee-if-deal-falls-through\/","title":{"rendered":"Who pays appraisal fee if deal falls through?"},"content":{"rendered":"

When purchasing a home, there are many fees and expenses that need to be considered. One of these costs is the appraisal fee, which is paid to determine the market value of the property being purchased. But what happens if the deal falls through? Who is responsible for covering the appraisal fee in this situation?<\/p>\n

Who pays appraisal fee if deal falls through?<\/b><\/p>\n

In most cases, the buyer is responsible for paying the appraisal fee, regardless of whether the deal falls through or not. This is because the buyer initiated the appraisal process to determine the fair market value of the property. Since the appraisal was conducted for the benefit of the buyer, they are typically the ones who are expected to cover the cost.<\/p>\n

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