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Which bank appraised the house? the seller, the buyer or both? And what the next step?

  • December 19 2009 - Northeast
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Answers (1)

The Buyer's Lender, if there is one, requires the house be appraised, as does the purchase contract, normally. The appraisal purportedly protects the Buyer against overpaying, and the Lender against over-lending, on a property.
  • December 19 2009
  • 1Yes

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