Is the Faira Platform Fee refundable?

After offer acceptance and before the Signature Deadline, the Initial Platform Fee will be refunded if there is any inaccuracy in the inspection report. In order to claim this refund under this limited guarantee, you must have an inspection report prepared by a state licensed home inspector and both you and the inspector must assign the copyright of the report to Faira without requiring any additional payment.

After the Signature Deadline, the Faira Platform Fee will only be refunded if the home is appraised below the contracted purchase price, up to the amount indicated in the Appraisal Guarantee.

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