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Abby is purchasing a home with a mortgage loan and is paying for an appraisal of the property. The appraisal is made to determine if

Abby is purchasing a home with a mortgage loan and is paying for an appraisal of the property. The appraisal is made to determine

if Abby got a good deal.if the seller had the house priced right.if the value of the collateral satisfies the
lender’s underwriting guidelines for the
loan.whether the buyer’s financing requirements
meet the underwriting guidelines for the
loan.

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