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Posts Tagged ‘LTV’
August 21, 2009 From a Lender’s Perspective
In any real estate transaction, there are three key players: the purchaser, the appraiser, and the lender. The lender’s role is very clearly defined — he’s the money man. Because most average purchasers can’t afford to buy a house outright, they turn to the lender. But the lender can’t do anything until he knows the [...]