What does a mortgage lender MOST often rely on when deciding how much is safe to lend on a parcel of real estate?
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What does a mortgage lender MOST often rely on when deciding how much is safe to lend on a parcel of real estate?
Question
a. Market analysis
b. sales contract
c. Appraisal report
d. Assesors determenation
I think is C) Appraisal report, please explain why you chose the answer?
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