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GoodMad_ GoodMad_
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Posts: 3898
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7 years ago
The home appraisal conducted by the mortgage lender is primarily meant to
A) provide the basis for future property tax assessments.
B) ensure the lender that upon foreclosure it can resell the home for more than the outstanding balance on the mortgage.
C) ensure the government that price discrimination does not occur in the housing market.
D) ensure the buyer is not paying more than the market value for the home.
Textbook 
Personal Finance: An Integrated Planning Approach

Personal Finance: An Integrated Planning Approach


Edition: 8th
Author:
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imoyseimoyse
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Posts: 1016
7 years ago
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GoodMad_ Author
wrote...
7 years ago
Such a smart group of people this forum has

thx
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