Anya & Tatiana enter into a real estate contract to buy a house for $$400,000\mathrm{.}00,$ which they believe to be the fair market value. Shortly after they enter into the contract, they have it appraised, and realize that it is only worth $$300,000\mathrm{.}00.$ Which of the following statements is true?

Question $5$ options:

They should not be able to get out of the contract for lack of consideration. Even bad bargains are enforced.

They should be able to get out of the contract. It is clearly unfair.

They should be able to get out of the contract, but only if the house is appraised a second time at $$300,000\mathrm{.}00.$

None of the above are true