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Appraisal Gap Strategies
In today’s housing market, homes often sell for more than their appraised value. When this occurs an “appraisal gap” often results, creating mortgage issues for the buyers. That’s because a bank typically only lends funds based on the appraised value. So, for example, if you agree to buy a home…Read More
Filed under Home Buyers on May 10,2022 | Tagged in: appraisal gap, house market, mortgage
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