All Posts Tagged With: "appraisal"
Sale Prices Versus Appraised Values
Question: If the appraised value and the sale price of a home are different, which will lenders use when granting a mortgage? Answer: Whichever is lower. Lenders want as little risk as possible, so they will look at both the sale price and the appraised value and then make a loan based on the lower [...]
31Aug2008 | Peter G. Miller | 0 comments | Continued
© Copyright 