If you’re using a VA loan to buy a home, there’s a built-in protection that can save you from overpaying: the VA Escape Clause. If the home appraises for less than your offer, you’re not stuck. You can either renegotiate the price or walk away, without losing your deposit.
This clause gives you peace of mind that your final loan amount will match the home’s actual value. It’s one of the many benefits of a VA loan that many buyers don’t know about.