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Appraisal Question-newb

I put an offer down on a house (Ohio) that's pretty great and they accepted 5k under asking price per my Real Estate agent. I'm doing a home inspection later today. I'm signing documents right now. Can someone explain this to me like I'm 5?

"Mark the applicable statement:

lwe wish to receive a copy of the appraisal report or valuation no less than three (3) business days prior to the closing of my/our loan.

Or

I/We wish to waive my/our rights to have a minimum of three (3) business days after receipt to review my/our appraisal report or valuation prior to the closing of my/our loan"

submitted by /u/sadjadedheart
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/1k49bg9/appraisal_questionnewb/

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