Question: Generally, when there is a difference between the purchase price and the appraised value of a real estate property, lenders will determine their Loan to

Generally, when there is a difference between the purchase price and the appraised value of a real estate property, lenders will determine their Loan to Value amount based on the appraised value O purchase price the lesser of the appraised value or purchase price O adding the two amounts together and dividing by two

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