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re: Any mortgage brokers in here?
Posted on 10/7/12 at 9:23 pm to foshizzle
Posted on 10/7/12 at 9:23 pm to foshizzle
That simply isn't correct. Usually they take the lesser of the two. FYI. "What the appraiser thinks its worth" is actually what buyers and sellers think its worth since they basically only use sales comps on residential appraisals.
The ONLY thing that matters is what someone will buy the property for since that's where the money comes from. Think about it.
The ONLY thing that matters is what someone will buy the property for since that's where the money comes from. Think about it.
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