Jeffrey has accepted an offer of $310,000 for his house. The buyer is making a $50,000 down
Fantastic news! We've Found the answer you've been seeking!
Question:
Jeffrey has accepted an offer of $310,000 for his house. The buyer is making a $50,000 down payment, and the buyer's appraisal came in at $300,000. On what number will the buyer's lender base the loan-to-value ratio? Unset starred question $249,000 $299,000 $300,000 There's no way to tell given the data provided.
Related Book For
Cornerstones of Financial and Managerial Accounting
ISBN: 978-1111879044
2nd edition
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
Posted Date: