What if the home appraises for less than when Requity Homes bought it?

If it comes to buying back the home and it's appraised at a lower value, you have a few options:

  1. Submit the appraisal report to Requity Homes and seek a second appraisal opinion.
  2. Postpone the buyback process to allow the home to appreciate in value or cover the difference yourself.
  3. Walk away from the home and cash out your cumulative down payment savings minus the transaction fee which is 5% of initial home price.