Legal Question in Real Estate Law in Florida
What does it mean, ''Appraisal of the home by the Buyer's lender is insufficient to meet terms of the Loan Commitment''
Asked on 8/06/13, 7:58 am
1 Answer from Attorneys
Barry Stein
De Cardenas, Freixas, Stein & Zachary
It means the appraisal shows the house is of a lower value then the lender would require to provide commitment.
Answered on 8/06/13, 8:00 am
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